The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Macroeconomic Research
Summary: While the latest French macroeconomic print does reveal some improvement, the economy remains under threat from a bevy of domestic and extraneous hazards.