Analysis: Must Read

ETFs or active funds? Your worst enemy isn't fees - it's you!

In the world of investing, an ideological war has been raging for two decades: active management versus passive management . ...

A "regime change": Kevin Warsh, the man who wants to revolutionize the Fed

Since resigning in 2011, Kevin Warsh has been a vocal critic of the Fed. A message that echoes that of Treasury Secretary Scott Bessent.

Novo Nordisk exposed to a price war over obesity treatments

Novo Nordisk's new chief executive could find himself on the wrong side of a potentially destructive price war, as what analysts and investors describe as unprecedented pricing pressure forces the...

MarketScreener's odds and ends: The $1 trillion club has a new member

And it does not make AI chips.

ETFs: how to bet on European value?

At a time when doubts are starting to build around the technology sector and volatility is making investors uneasy, there is a big temptation to explore calmer territory. It is an opportunity to dust...

Opinion: "Floor price" for cars, or how to undermine European strategic autonomy

In 2024, the EU introduced additional tariffs on electric vehicles imported from China, on the grounds that these carmakers benefit from subsidies that enable them to sell at very low prices, to the...

The end of a long-running saga - and plenty of questions

By announcing the appointment of Kevin Warsh as Fed chair, Donald Trump has brought a long-running saga to an end and removed one uncertainty. However, his choice also raises plenty of questions.

The video game industry again rocked by AI

Alphabet has just announced the launch of its interactive world generator. While over 90% of the industry already uses AI agents in game creation, this innovation could prove to be one of the most...

Norway's sovereign wealth fund earns EUR565m a day

The world's largest sovereign wealth fund booked NOK 2,362bn in profits in one year, or around 206 billion euros - the equivalent of over EUR565m in gains per day. In 2025, Norway's sovereign wealth...

The voices shaking Wall Street

At the end of the day, it is only a handful of voices shaping the narrative around US markets. Knowing who they are is key to understanding the levers of the Trump era.

It will ultimately be the other Kevin : Warsh is expected to be named to lead the Fed

While White House adviser Kevin Hassett had long been seen as the frontrunner, it is ultimately former Fed governor Kevin Warsh who is expected to succeed Jerome Powell.

The Week's Best Reads: In praise of Mark Carney and a gold vacuum, amongst other things.

This week, we wanted you to read Mark Carney's Davos speech, in case you missed it. The press review also looks at Europe's defence sector and revisits some dark chapters of history. Not to mention...

Risks are mounting, time to short Japan?

Japan's 40-year bond yield hit an all-time high of 4.24%, regional banks are sitting on record unrealised losses of $21.3 billion, and nearly 80% of Japanese mortgages are variable-rate. Will Japanese...

Is the euro's rise a problem for the ECB?

The 1.20 level, described by the ECB's vice-president last summer as a pain threshold, was breached yesterday.

US real estate: home-sale cancellations at a record level since 2017

The US housing market is facing growing instability, marked by a record rate of canceled home sales. In December, 16.3% of purchase agreements fell through, representing over 40,000 canceled...

India-EU deal: Europe looks to India as its new trade lifeline

It is in New Delhi that Europe's trade future has just come into sharper focus. Ursula von der Leyen echoed Indian Prime Minister Narendra Modi's words to describe what has just happened as the mother...

Earnings calendar for January 26 to 30, 2026: Microsoft, Apple, LVMH and ASML ahead

Welcome to the earnings schedule of listed companies for the week of 26 to 30 January, 2026. The main announcements of the week include those of: LVMH, Microsoft, Apple, Exxon Mobil, SAP, Tesla,...

Ledger targets IPO of over $4bn in 2026

The countdown to Ledger's stockmarket debut has begun. After a decade of growth, marked by both successes and turbulence, Ledger is preparing to clear a hurdle that few crypto start-ups can afford.

Lindy Effect: When Older Companies Outperform Newer Ones

At a time when some investors swear by disruptive technologies, it is sometimes century-old companies that deliver the best performance. Building a portfolio made up only of long-established firms...