Podcast
05/06/25 Monthly analysis
We analyze what drives this strength and why keeping emotions in check remains key when investing.
05/04/2026 Weekly analysis
If there is one group that will experience the artificial intelligence revolution with particular intensity, it is young people, who are facing a radical shift in the way human capital has been built up over the centuries.
04/27/2026 Weekly analysis
The divergence we are seeing within global stock markets is as striking as it is revealing. We are not facing a market that rises or falls uniformly, but a market that is beginning to fracture: technology is advancing rapidly, while the rest of the sectors are feeling the impact of the Iran war.
04/20/2026 Weekly analysis
The adage "stock markets tend to go up by the stairs and down by the elevator" is widely used in the investment industry. It makes sense: The increases are built up gradually, as macroeconomic data supports a favorable cyclical situation and corporate profits materialize. However, when an unexpected and potentially systemic event occurs, risk premiums react violently, and the market does not hesitate to "take the elevator" down.
04/06/2026 Weekly analysis
Our view on risk assets remains constructive, although necessarily tempered by a highly uncertain environment in the short term.
Podcast
04/09/26 Monthly analysis
Lots of noise and many doubts among investors.
03/30/2026 Weekly analysis
Recent behavior in fixed-income markets has once again brought to the forefront a concern that is very much present in investors’ minds: the possibility of reliving a scenario similar to that of 2022.
March 23, 2026 Weekly analysis
In recent weeks, global equity markets have registered a correction from highs of slightly more than 7%. While it is not a matter to be trivialized, it is not, by any means, exceptional. In fact, if we broaden our focus, these types of drops are part of the normal behavior of the markets.
March 16, 2026 Weekly analysis
In recent weeks the market has begun to pay more attention to another potential risk area: private credit. Recent headlines and comments from some analysts have drawn attention to this segment of the financial system, fueling some concern among investors that the sector’s rapid growth might conceal vulnerabilities similar to those that preceded past financial crises.
Podcast
03/09/26 Special Analysis
Last week was dominated by the rapid escalation of the conflict between the United States, Israel, and Iran, and its immediate impact on energy and financial markets. In this podcast, we analyze the key aspects of this crisis and what to expect going forward.
Podcast
March 02, 2026, Special Analysis
We assess scenarios, energy risks, and potential impacts on growth and inflation, as well as our positioning in risk assets in an environment of high uncertainty.
03/01/2026 Weekly analysis
In recent days, one of the documents that generated the most impact on the markets was a report from Citrini Research that came with a disturbing hypothesis.
02/23/2026 Weekly analysis
Last week reminded us once again that, in 2026, investing is not a purely economic exercise. It is increasingly becoming a political and geopolitical exercise.
02/16/2026 Weekly analysis
For more than a decade, and especially since the pandemic, passive management has dominated the investment landscape, supported by a very specific reality: low dispersion, abundant liquidity, and a market absolutely dominated by momentum.
02/09/2026 Weekly analysis
For years, investing seemed like a comfortable exercise. It was enough to identify the dominant narrative, jump on board, and let the market do the rest. Technology, artificial intelligence, precious metals, Bitcoin… each one, in its time, was presented as a simple answer to a complex world. Today, that comfort has been shattered.
Podcast
02/03/26 Monthly analysis
Despite the complicated geopolitics, the markets continue to hold up. We'll tell you all about it in this podcast.
Álvaro Manteca
Áxel Cardin
Legal notice
The contents of this section are for information purposes and are not intended to provide any type of investment or ancillary service and, in particular, do not constitute a general recommendation or financial advice of any kind. They are also not an offer or invitation to sell or purchase financial products or services. The opinions, predictions or recommendations these podcasts contain on the economy, investment funds and the markets are applicable on the date of each podcast.
The contents may not be suitable for investors due to their financial situation or investment objectives, and in no case is legal or tax advice being provided. Investors should obtain specialized and specific advice from their own consultants. Some products or services are presented purely as examples, and may not actually be available. These contents are based on information from sources deemed reliable, but BBVA cannot guarantee their accuracy or integrity. The services, products and prices of the contents are subject to change without notice. Past performance is not indicative of future results.
BBVA or a company in its Group may hold a direct or indirect position in some of the securities discussed herein, or may negotiate on their own account or for third parties or provide advisory or placement services to the issuer of said securities or to companies associated with it, or have other interests.