The Chip Battle with China Is Changing the Cycles
The geopolitical battle over semiconductors is no longer a niche industry issue – it is reshaping Europe’s economic cycles. The case of Nexperia shows how small sparks can ignite major economic
First Cracks in AI – Slip-Up or Warning Sign?
The ongoing stock market boom is being fuelled by a single powerful source: the euphoria surrounding Artificial Intelligence. Yet the first cracks are beginning to appear. Recent corrections in Oracle’s share price have raised doubts about the
MOVEtogether – Best of FT surpasses the 100-million mark
A wonderful gift for its third anniversary: the Moventum fund range “MOVEtogether – Best of FT” has surpassed the €100 million mark. “
Yield Curve with an Attractive Belly
Monetary policy is diverging on either side of the Atlantic: while the US Federal Reserve is seeking to support growth through interest rate cuts, the eurozone is showing stability.
USA: Socialism Light?
The United States has long been regarded as the bastion of free enterprise. Yet the US government is now taking unusual steps: not only is it supporting companies with billions in state funding, it is also buying direct stakes in publicly listed firms.
Small Caps: Anything but a Side Issue
Global equity markets remain divided: high valuations alongside consistently solid earnings and continued leadership in US technology. By contrast, the European equity market is valued significantly lower but faces rising political risks and is currently
If Only Politics Weren’t in the Way …
Over the past three months, the economic situation in the United States has turned out somewhat better than feared, while in Europe it has been somewhat worse than hoped. On this side of the Atlantic, government programmes are supporting economic
Government Crisis in France: What Does It Mean for Investors?
France is heading towards a government crisis: Prime Minister François Bayrou will seek a vote of confidence on 8 September. His political survival is considered unlikely. Are snap elections, a general strike and fresh turbulence on the financial markets
Dangerous Giants
Market concentration on US stock exchanges has reached historic highs. Just ten companies now account for almost 40 per cent of the S&P 500 Index, leaving it increasingly reliant on fewer pillars.
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