CoreMacro

European assets have enjoyed a stunning outperformance since October 2022. Can these strong returns last in 2023?

In response to lower energy prices and China’s reopening, European assets prices are outperforming. Will the ECB spoil the party?

Special Report

Find out the latest updates of our Combined Mechanical Valuation Indicators (CMVIs) and our Rotation Maps.

Special Report

We explore the eight major themes that will define economic and market trends for Europe next year.

European inflation will decline through 2023, which will greatly help households and consumption. But can European inflation remain low after that?

European asset prices have rebounded sharply since September. Can this trend survive in the face of a weak Chinese economy where deflation prevails?

Special Report

What is the outlook for the European housing market amid rising mortgage rates and the energy crisis? Does housing represent a systemic risk? Can households weather the storm? And what are the opportunities, if any?

The decline in the US CPI is a tailwind for European stocks, but does it compensate for weaker global growth?

Europe is hampered by a lower trend growth rate, but has room to grow faster than the US over the next two years. How can investors profit from this outlook?

The ECB increased interest rates and announced the start of its balance sheet wind down; yet, markets took the news as a dovish outcome. Are we really getting close to the end of the ECB’s tightening campaign? How asset prices will react?