The employment puzzle: can central banks maintain stability?

In this podcast Edmund Shing, Global Chief Investment Officer and Guy Ertz, Deputy Chief Investment Officer discuss recent trends in employment and unemployment, focusing on central banks roles. Unemployment dropped sharply after the 2009 financial crisis but saw a brief rise during Covid-19, followed by mutlidecade lows in 2022.Wage growth surged as unemployment hit critical low levels leading central banks to raise interest rates to control inflation.Labor Force participation remains below pre-pandemic levels, with factors like illness and early retirement affecting employment.Employment in services and construction sectors remains stable, with positive outlooks as rate cuts ease economic pressures.Central banks are expected to lower rates, supporting job growth and potentially preventing a recession, leading to a soft economic landing.Hosted by Ausha. See ausha.co/privacy-policy for more information.

In this podcast, Guy Ertz, Deputy Global CIO and Édouard Desbonnets, Senior Investment Strategist, discuss about the recent rate cuts: Why the recent Fed rate cut was bigger than expectedWhat we think the Fed will do next and where the US 10-year yield might goWhich assets could benefit from the rate-cutting cycleHosted by Ausha. See ausha.co/privacy-policy for more information.

Dans ce podcast, Guy Ertz, Deputy Global CIO et Édouard Desbonnets, Senior Investment Strategist, discutent de la récente baisse des taux de la FED : Pourquoi la récente baisse des taux de la Fed état plus importante que prévuNos prévisions sur les prochaines décisions de la Fed et l’évolution possible du taux à 10 ansQuels actifs pourraient bénéficier du cycle de baisse des taux directeursHosted by Ausha. See ausha.co/privacy-policy for more information.

Dans ce podcast, Jeremy Fasquelle et Isabelle Enos, Responsable Stratégie Marchés, échangent sur les opportunités d'investissement dans l'assurance. Qu’est-ce qui détermine la rentabilité des compagnies d’assurance ?Quels facteurs expliquent la surperformance des actions du secteurCette performance va-t-elle continuer ?Les opportunités d'investissementHosted by Ausha. See ausha.co/privacy-policy for more information.

Charlotte de Kerpoisson and Edmund Shing, Chief Investment Officer of BNP Paribas Wealth Management, discuss investment opportunities in insurance. What drives profitability at insurance companies?What factors are driving stock outperformance by insurers?Will this performance continue to rise?Investment opportunitiesHosted by Ausha. See ausha.co/privacy-policy for more information.

Edmund Shing, Global Chief Investment Officer at BNP Paribas Wealth Management, explains the impact of lower interest rates on financial markets.Hosted by Ausha. See ausha.co/privacy-policy for more information.

Edmund Shing, Global Chief Investment Officer of BNP Paribas Wealth Management unveils his 3 recommandations for the Summer:  Global disinflation continues, UK, US and European central banks to cut ratesQ2 earnings season has generally been strong, particularly for our favoured Banks and Healthcare sectorsFed rate cut cycle should benefit Gold, which remains close to its all-time highHosted by Ausha. See ausha.co/privacy-policy for more information.

We are pleased to announce the update of our investment themes for the remainder of 2024, developed by our team of investment strategy experts. In a geopolitical context dominated by conflict and numerous elections, uncertainty is weighing on growth and investors remain glued to central banks ahead of further key rate cuts. To equip you to navigate this complex landscape during the second half of this year, we present four investment themes driven by long-term themes and offering attractive opportunities.Hunting for Deep Value amid an “everything” bull market. Despite strong growth in equity markets year-to-date, we have identified some cheap asset classes and regions that the patient investor may wish to consider.Bonds are back (again): the last chance to lock in high rates. Despite forthcoming rate cuts, there are still some attractive opportunities in the bond market. This theme looks at solutions for capturing still high yields over the long term.Winners in a multipolar world. Amid heightened geopolitical instability and uncertainty, this theme highlights emerging trends, sectors and countries set to benefit from this new multipolar world. Demographics & Healthcare: achieving more with less.  In the context ofageing populations, a mounting importance of wellness, and advances in Artificial Intelligence, investors could seize opportunities in healthcare via our selection of stocks and dedicated funds.Hosted by Ausha. See ausha.co/privacy-policy for more information.

Nous avons le plaisir de vous annoncer la mise à jour de nos thèmes d’investissement pour la suite de l’année 2024, élaborée par notre équipe d’experts en stratégie d’investissement. Dans un contexte géopolitique marqué par les conflits et les nombreuses échéances électorales, les incertitudes planent sur la croissance et les yeux des investisseurs vont rester braqués sur les banques centrales dans l’attente des baisses de taux directeurs à venir. Pour vous aider à naviguer dans ce paysage complexe, nous analysons en ce début de semestre 4 thèmes d’investissement portés par des tendances fortes et qui offrent des opportunités attractives.  Deep Value : la revanche des oubliés - Malgré la forte progression notamment des marchés actions depuis le début de l’année, certaines classes d'actifs et régions bon marché offrent un potentiel significatif pour l'investisseur patient. Obligations, il est encore temps de saisir la balle au bond – En dépit des baisses de taux à venir, il subsiste des opportunités intéressantes sur le marché obligataire. Ce thème analyse les solutions permettant de capter des rendements encore élevés sur le long terme. Les gagnants dans un monde multipolaire - Dans un contexte d'instabilité et d'incertitudes géopolitiques accrues, ce thème met en évidence les tendances émergentes, les secteurs et les pays qui devraient tirer parti de ce nouveau monde multipolaire.Démographie et santé : la révolution du bien-être –  En raison du vieillissement de la population, de la place toujours plus importante accordée au bien-être et aux progrès de l'Intelligence Artificielle, bénéficiez d'opportunités dans le domaine de la santé grâce à notre sélection d'actions et de fonds dédiés.Hosted by Ausha. See ausha.co/privacy-policy for more information.

In this podcast, Edmund Shing, Global Chief Investment Officer, unveils his market outlook for the rest of 2024. Slower US growth in prospect, but lower inflation tooEuropean economic growth rebounds on better consumptionCoordinated central bank rate-cutting cycle in viewLiquidity, financial conditions and earnings growth supports global stocksInterest rate cuts and continued buying boosts goldHigher-risk bonds such as Emerging Market sovereign bonds also perform well this yearHosted by Ausha. See ausha.co/privacy-policy for more information.