News

Monthly Newsletter   The European "middle classes" are feeling the full force of the economic crisis. High unemployment, reduced purchasing power, sluggish growth...the difficulties encountered by these classes are a major challenge for political powers in the zone. Some even go so far as to suggest they could... Read the rest

Monthly Newsletter   "Today people know the price of everything and the value of nothing!" This quotation from Nicolas Boileau (1) clearly sheds light on recent stockmarket rallies throughout the world.  Undermining the blackest forecasts of just a few weeks ago, company stock prices have picked up, despite... Read the rest

Monthly Newsletter   Ageing stockbrokers have regular meetings that they wait for nervously or with delight: the annual letter sent by Warren Buffett to his shareholders clearly belongs to the second category. The 2012 letter lived up to promises and starts with some skilful teasing: Warren Buffet has found his... Read the rest

Monthly Newsletter   If finance is now "faceless", the sentencing of its excesses is nevertheless slightly more visible every day! In France, this genuine "répression financière " causing pain to bankers and pleasure to campaigning politicians is not worth discussing in more detail given the extent of messages... Read the rest

Monthly Newsletter   In 1992, Bill Clinton was elected the 42nd President of the United States. At the time, the federal deficit totalled $290bn (4.7% of GDP) and the new President had promised to radically reform the state and reduce by half this deficit that was unsustainable over time. Six years later,... Read the rest