Temps de lecture: 3 mins
Les obligations peuvent être la clé pour construire des portefeuilles résilients, alignés sur vos objectifs, dans un contexte d’incertitude. Nous pensons qu’une allocation réfléchie est essentielle à un portefeuille équilibré et bien diversifié. De la préservation du capital, au revenu, en passant par une croissance maîtrisée, choisir l’approche appropriée est indispensable pour atteindre les résultats souhaités.
GU-786-31 July 2027
Higher interest rates have become a frequently cited risk to corporate earnings and the economy. The conventional thinking is straightforward: when borrowing costs rise, companies face higher interest expenses, profits come under pressure, and economic growth slows. While there is truth to that relationship, the current cycle may differ from investors’ expectations.
U.S. midterm elections are rapidly approaching, with the latest polls pointing to a divided government, with Democrats gaining control of at least one house of Congress.
Both the dot-com era and the rise of artificial intelligence suggest that early productivity data can understate the actual economic impact of transformative technologies. In the case of the internet, later revisions to productivity gains surpassed early estimates. The same may prove true for AI, implying stronger support for growth.
Checkpoints is a comprehensive monthly chartbook highlighting major top-of-mind themes that could shape financial markets in the near term. In addition to the broader macroeconomic discussion, Checkpoints delivers detailed views on major asset classes, including global equities, fixed income and real assets.
Ce document constitue une communication marketing