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Carmignac's note

Post-crisis pitfalls

During the crisis, central banks throughout the developed world were able to assume and even go beyond their responsibilities in taking over the role vacated by over-indebted governments as masters of countries’ economic fate.


Carmignac's note

The lag accumulated by the European economy

Without getting into deep political analysis, it is fair to say that any European investor contemplating the European equity markets’ rally of more than 50% over the last two years must consider the economic significance of the election results on 25 May


Quarterly report

Quarterly report

The US economy is sending mixed signals: moderately recessionary inflation levels but generally stronger leading economic indicators.


la Lettre d'Edouard Carmignac

Lettre EC Juillet 14

la Lettre d'Edouard Carmignac - July 2014

"The US economy, which showed signs of overheating early in the year, now seems poised to hit its stride with 2% growth, a rate that will likely encourage Janet Yellen to stick to the Fed’s accommodative monetary policy."

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