by Jacques Lemoisson | Jan 15, 2021
Powell mentioned yesterday that nothing to see about inflation… OK! The BOJ consistently reports low CPI… Ok! Japan introduces cap electricity prices at 200Yen/KWH when this price on the Japan Power Exchanche reached 246Yen/KWH on Tuesday… Just for...
by Jacques Lemoisson | Jan 14, 2021
The lingering chip supply crunch could lead to a 5% year-on-year decline in production volumes for some carmakers in the first quarter this year, said UBS auto analyst Gong Min. We highlighted that the supply chain disruption due to the Trade war initiated in 2018 and...
by Jacques Lemoisson | Jan 13, 2021
This is not good news. The mistrust is spreading fast and this vaccine was granted 70/75% effective… In addition, the CEO of Sinopharm (the sole labo authorized by Chinese authorities to sell its vaccine) resigned today, for personal reasons… All countries...
by Jacques Lemoisson | Jan 13, 2021
Very important comments from Lagarde relayed by Reuters : 13-Jan-2021 10:33:14 – REUTERS NEXT-ECB’S LAGARDE SAYS WANT TO ARRIVE AT DEGREE TO CLARITY, PREDICTABILITY WITH DEFINITION OF INFLATION TARGET 13-Jan-2021 10:34:09 – REUTERS NEXT-ECB’S...
by Jacques Lemoisson | Jan 11, 2021
China’s own aerospace ambitions and the geopolitical tensions that surround them could make it a turbulent ride. Traffic is 8% higher than a year ago, data by Oliver Wyman’s PlaneStats show. In the U.S. and Europe, it is still down 41% and 68%, respectively. With...
by Jacques Lemoisson | Jan 11, 2021
Now, due to the super low level of rates, a tiny bump could have catastrophic effects. As expressed in a previous post, we have a new correlation between the risky assets and Treasuries...
