Insights

Ukraine Update

With the developments overnight in the Ukraine, Daniel Murray explains EFG’s current thinking on the situation in this Macro Flash Note.

Giorgio Pradelli: “We have reached a new level of profitability in 2021 and see strong momentum”

In 2021, EFG achieved strong growth and achieved a step change in profitability compared to the previous year.

The Geography of the Global Interest Rate Cycle

With investors wondering how monetary policy will evolve in the US and other major economies, it is easy to miss that the global interest rate cycle has already turned and the interest rate increases show a strong geographic pattern. EFG’s chief economist Stefan Gerlach explains in this Macro Flash Note.

Béjart Ballet Lausanne’s triumphant night at the Opéra

Cautious optimism on Brazil

The Brazilian economy entered a recession in the third quarter of 2021 after two consecutive quarters of negative growth. The IMF and Brazil’s Ministry of Finance differ over their outlook for the economy in 2022. Are Brazilian authorities being too optimistic on growth prospects?

Supply chains and US inflation

For some time, consumers around the world have been affected by shortages of goods, from basic necessities to microchips. At the same time, concerns about inflation have grown. EFG chief economist Stefan Gerlach looks at the relationship in the US between supply chain disruptions and inflation.