Publications

All publications

Macro analyses, regime shifts and asset allocation. Articles hosted on this site open directly; the others open on LinkedIn. French columns are listed on the French publications page.

June 29, 2026AI, a virus in search of a metabolismARTICLE June 1, 2026AI is not a Bubble. But your Portfolio might be.ARTICLE April 27, 2026Where is the world heading? (And what does it mean for your portfolio?)ARTICLE March 23, 2026The Myth of China's SlowdownARTICLE February 23, 2026Europe Is Shifting to a New Fiscal RegimeARTICLE January 26, 2026European Rigidity and American Elasticity: The Key Investors Can No Longer IgnoreARTICLE November 13, 2025Beneath the Bubble, the VoidARTICLE October 27, 2025How the AI Bubble Was Born from the Ruins of Wall StreetARTICLE September 22, 2025CBDC and stablecoins, between monetary sovereignty and geopoliticsARTICLE September 8, 2025Are Stock Prices Rising or Money Losing Value?ARTICLE July 7, 2025Navigating a Multi-Reserve Currency WorldARTICLE June 23, 2025Exchange Rate Policy: What About the Euro, the Dollar, and the Renminbi?ARTICLE May 26, 2025Central Banks' Interest Rate Setting is DeadARTICLE April 14, 2025The Wealth of Nations and the Reciprocal TariffsARTICLE March 31, 2025Trump's Tariffs risk global dollar shortageARTICLE February 15, 2025The United States on the brink of bankruptcyARTICLE January 25, 2019What is left in the ECB toolbox?ARTICLE

Articles are being progressively hosted on this site. Last update: July 2026.