Economics

Talib Sheikh, Head of Strategy, Multi-Asset, comments on the implications of a too-close-to-call U.S. election, and what the clarity of a Trump or a Biden win might mean.

It’s a mug’s game to try to predict the outcome of a US election, suffice to say, that at the time of writing, conviction is building among pollsters and investors that Biden has a large enough lead to secure a victory.

Cyrille Geneslay, fund manager at CPR Asset Management, indicates that he has reduced his equity exposure to 32% in the CPR Croissance Réactive fund. It also maintained a preponderant bias on the American markets while reducing its overall exposure to the American markets ...

We now have a two-speed economy, and much talk about a disconnect between stock market and economy. But this won’t change our research and stock picking focus

Despite a challenging first half of the year, Atlanticomnium’s Romain Miginiac says European banks and insurers have shown resilience and balance sheets remain rock solid. Meanwhile, pressure on the sector is gradually alleviating.