September 2023 – Markets & Convictions
Equity markets have rebounded strongly, driven not by earnings growth but by the expansion of multiples. At the same…
Energy Transition with W. Smith & M. Fernley, Volta (Hedge Fund)
RJ Management has been building a strong conviction in energies since 2020. This initially took the form of positions…
July 2023 – Markets & Convictions
The stock markets have displayed significant divergence since the beginning of the year, with a notable outperformance…
May 2023 – Markets & Convictions
Stock markets are holding up despite the bank failures in the United States. Equity investors seem to be ignoring the…
March / April 2023 – Markets & Convictions
The recent decline of American and Swiss banks, SVB and Credit Suisse, highlights the potential impact of rising…
February 2023 – Markets & Convictions
Mr. Powell's press conference following the recent FED rate hike was certainly one of the strangest in many years. The…
January 2023 – Markets & Convictions
Equity markets ended the year 2022 largely in the red: S&P500 -19.44% / Nasdaq -32.97% / Europe Stoxx600 -12.9% /…
December 2022 – Markets & Convictions
Since the beginning of October, markets have experienced a significant AND generalized rebound Discover our Macro…
November 2022 – Markets & Convictions
Always and again the central banks, with the FED in the lead which has just raised its key rate to 4%. As a reminder,…
October 2022 – Markets & Convictions
In the background, let's not forget the primary mission of the FED which is clearly to curb this high inflation…
Août 2022, Situation & Convictions
Points Macro, Marchés – Le dossier de l’inflation reste essentiel, tous les marchés sont concentrés sur les différentes…
Juin – Juillet 2022, Situation & Convictions
Points Macro, Marchés – Depuis plusieurs mois les économistes et banquiers centraux sont concentrés sur le dossier de…
