Quick Chat on Brazil: Between Olympics and Impeachment

Quick Chat on Brazil: Between Olympics and Impeachment

While Usain Bolt, Kohei Uchimura and Michael Phelps have confirmed their legendary stature, Dilma Rousseff experiences a descent into hell itself. On the 9th of August, the Senate voted 59 to 21 to indict Dilma Rousseff accused of breaking the budget law in 2014. By the end of the month, Lula’s ...

What are the opportunities in fixed income management?

What are the opportunities in fixed income management?

Investment opportunities are becoming increasingly rare for investors, as can be seen from the historically low (or even negative, in some cases) level of interest rates. Jean-Philippe Donge manages several bond funds for asset management company BLI - Banque de Luxembourg Investments. Ten ...

Investing in Japan – Thematic investments in light of the Pokémon Go craze

Investing in Japan – Thematic investments in light of the Pokémon Go craze

Unless you’ve been living under a rock during the past few weeks, you must have heard about the Pokémon Go phenomenon that has taken the world’s attention by storm . The release of the smash-hit app by Niantic Inc. has not only resulted in global hype, but has also had significant repercussions ...

Brief comment on the Brexit

Brief comment on the Brexit

With the passing of a few days, a few comments on the Brexit: 1. The political impact of the EU exit of the United Kingdom far outweighs the economic impact 2. Quick comments on an event that has few historical precedents are essentially speculation and should not influence a long-term ...

Deflation: short series (4)

Deflation: short series (4)

In the previous articles of this series I dealt with what deflation is, where it comes from , what “good” and “bad” deflation is, and when and where deflation has occurred. We took a closer look at deflation in the United States in the 1930s, in which excessive debt led to debt deflation and, ...

IMF and devaluations, two preliminary attempts at a solution

IMF and devaluations, two preliminary attempts at a solution

A succession of crises The collapse of Lehman Brothers, the Greek debt crisis, the end of US quantitative easing, the slump in commodity prices, the slowdown of the Chinese economy and depreciation of its currency, the war in Ukraine, sanctions against Russia... a series of events that contributed ...

China: bad debts escalating!

China: bad debts escalating!

China's economic slowdown The Chinese economy has been slowing in recent years, the pace of growth dropping from more than 10% in 2010 to 6.9% in 2015. But fears of a much sharper slowdown from the world's second-biggest economy started to surface last year. The Chinese authorities' response ...

Equities: correction or bear market?

Equities: correction or bear market?

Since their peak last year, European and Japanese stocks have given up over 20%, and US stocks around 15%. That raises the question of whether the current downturn is not something more than just a correction and whether the markets could be on the brink of a much more slippery slope. In the ...

Deflation: short series (3)

Deflation: short series (3)

In the first instalment of this series, we considered how to define deflation and what might cause it. In the second instalment, we took a look back at history, at the supposedly “good phases of deflation” and, above all, at deflation during the Great Depression of the 1930s. In particular, I went ...

About. The BLI blog features regular analyses and our points of view on the latest economic trends and developments on the financial markets.

OUR METHODOLOGY

BLI's investment management methodology consists of three steps: strategic asset allocation, tactical asset allocation and securities selection.

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