Latest news with #FlorianIelpo
Bloomberg
6 days ago
- Business
- Bloomberg
The Bull Market Is Being Powered by Stocks Outside the US
The never-ending back and forth on tariffs. An escalating war in Ukraine. Growing concern about the US's mounting debt and deficits, and a congressional budget process that seems unlikely address the problem. Sounds like a recipe for a bear market, and yet global stocks just hit an all-time high. The MSCI All-Country World Index is up 5.6% this year, surpassing its record from February. 'The trade tariff drama is now increasingly seen for what it is: a massive trade uncertainty rather than a trade crash,'' said Florian Ielpo at Lombard Odier Investment Managers. 'Looking beyond this white noise, markets are now focusing again on the present situation, which is actually not too bad.'
Bloomberg
13-03-2025
- Business
- Bloomberg
'Rotation Not Recession,' Lombard Odier's Ielpo Says
Lombard Odier's head of macro research Florian Ielpo discusses market moves as uncertainty around the outlook for the American economy grows. "At the moment, where we see the situation is rotation, not recession," Ielpo tells Bloomberg Television. (Source: Bloomberg)
