Weekly market insights from CIO Thierry Hasse

Without major economic news that could have provided further information on the evolution of U.S. inflation trends, U.S. equity markets traded a new high last week, with the S&P 500 briefly touching 5,500. Interest rates and inflation Following the last Federal Open Market Committee meeting, where Federal Reserve officials signaled their intention to proceed with […]

Weekly market insights from CIO Thierry Hasse

Last week’s events perfectly illustrated the major drivers of the financial markets in 2024. Apple reached a new valuation high as investors celebrated the company’s advancements in artificial intelligence. Meanwhile, May’s Consumer Price Index (CPI) numbers indicate that inflation is continuing its slow descent towards the 2% target. Additionally, the Federal Reserve kept interest rates […]