01/19/2026 Weekly analysis
It is worth analyzing the new measures announced by the Trump Administration to penalize several European countries that have deployed troops in Greenland.
12/01/2026 Weekly analysis
There is a phrase attributed to Lenin that comes back to haunt us in times like these: There are decades when nothing happens, and weeks when decades happen. The start of 2026 fits that definition with disturbing precision.
12/29/25 Weekly Analysis
2025 was marked by profound political and economic readjustments, a high dispersion in the markets and a remarkable capacity for adaptation in the global economy. We'll tell you all about it in this podcast.
12/22/25 Weekly Analysis
The close of 2025 presents a reasonably constructive macroeconomic and market picture, although not without important nuances that are worth noting.
15/12/25 Weekly Analysis
Today we are going to pause for a moment on a topic that transcends the immediacy of the markets, but which will undoubtedly condition the economic, social and political tone of the coming decades: artificial intelligence. And we will do so with a question that captures, perhaps better than any other, the central debate about the real impact of this technology: is AI leading us towards an era of abundance or a dystopian future?
12/09/25 Weekly Analysis
Looking ahead to 2026, we maintain a constructive and generally steady outlook. The economic cycle continues to move forward with notable resilience, and we do not anticipate any substantial changes in global GDP growth, which will benefit from a more expansionary fiscal environment across the world’s major economies.
Podcast
12/04/25 Monthly analysis
Has AI reached its peak?
We analyze the pause that large technology companies are experiencing after a year of exceptional increases, driven by the rise of artificial intelligence.
12/01/25 Weekly analysis
The past week has been particularly revealing. Not only because the risk indicators have shifted sharply towards clearly favorable territory, but also because what we pointed out a week ago has been confirmed by events: the previous correction was not the beginning of a change in trend, but a necessary purge to eliminate accumulated speculative excesses surrounding artificial intelligence.
11/24/25 Weekly analysis
Financial markets are going through a mixed spell. Recent weeks have brought bouts of marked volatility, with sharp swings that should not be read as the start of a bearish trend but rather as a clearing-out of excesses after months of gains concentrated in a handful of market segments.
Podcast
11/17/25 Weekly analysis
This week in the global stock market has been marked by alternating periods of euphoria and caution.
Podcast
11/10/25 Weekly Analysis
Global equities have experienced a week of corrections after months of almost uninterrupted gains. This is not a change in trend, but a natural pause in a market that, after a cycle of substantial gains, is beginning to show signs of exhaustion.
Podcast
10/02/25 Monthly analysis
The push for AI is consolidating megatrends in the fields of healthcare, energy, infrastructure and robotics. Our experts tell you all about it
Podcast
03/11/25 Weekly Analysis
The market's momentum remains unequivocally bullish. After several weeks in which economic data, central bank decisions, and the earnings season have painted a more predictable picture, investor sentiment remains optimistic. The “Goldilocks” narrative — that near-ideal balance between moderate growth, contained inflation, and predictable monetary policy — continues to be the guiding thread for global markets.
