This analysis does not aim to anticipate future developments in the relationship between the United States and Greenland, nor does it seek to venture into geopolitical, institutional, or diplomatic considerations. Hypotheses regarding territorial attachment, sovereignty, or changes in Greenland’s status fall outside the scope of this study. The objective is deliberately more limited and pragmatic: to examine the potential economic consequences of increased US involvement in Greenland, in …

Recent geopolitical developments surrounding Venezuela have reignited tensions in the global energy market and brought renewed attention to the US energy sector, which could (this remains conditional) potentially benefit in the more or less near future. In this context, markets are anticipating possible supply disruptions, but above all a reshuffling between Venezuela’s historical producers and major US oil players. Sector flows partially rotated into energy at the start of the week, with …

Within the precious metals segment of the commodities market, silver was the clear leader in 2025, posting a performance of more than 150%, twice that of gold. Silver benefited from a combination of fundamental and technical factors: • A strong positive correlation with gold prices • A phase of technical outperformance (bullish signals from the Silver/Gold ratio in 2025) relative to gold • Strong industrial demand (AI, solar energy, electric vehicles) • In the United States, silver was added …

The year 2025 was highly favorable for risk assets, and the S&P 500 is starting the year close to its all-time high, in a context of very elevated equity valuations and persistently optimistic expectations for corporate earnings growth, particularly in the US technology sector. Will the S&P 500 extend its bullish momentum or enter a profit-taking phase in January? The answer to this question will depend on several key fundamental issues, for which initial answers will be available during the …

As the Federal Reserve has lowered the federal funds rate to 3.75% and initiated a technical QE after ending its QT program, January 2026 will be directly influenced by Donald Trump’s monetary choice regarding Jerome Powell’s successor, who will take office in May 2026. The U.S. President is expected to announce his decision at the beginning of next year, and according to the latest available consensus data, the choice should be between Kevin Hassett and Kevin Warsh. The Fed has adopted a …

FDJ (Française des Jeux) shares are currently approaching a historical zone of major technical support, located between €18 and €22. The stock has not yet entered this strong support zone, but it deserves close monitoring, as there are solid fundamental arguments that give this level credibility and make it likely that this support zone could generate a bullish reaction in the stock. While technical analysis highlights a price area that has historically been defended, the key question for …

FDJ (Française des Jeux) shares are currently approaching a historical zone of major technical support, located between €18 and €22. The stock has not yet entered this strong support zone, but it deserves close monitoring, as there are solid fundamental arguments that give this level credibility and make it likely that this support zone could generate a bullish reaction in the stock. While technical analysis highlights a price area that has historically been defended, the key question for …

According to the latest Global Fund Manager Survey conducted by Bank of America, the percentage of cash held by fund managers has fallen to 3.3%, the lowest level since 1999. In terms of asset allocation, historically low cash levels among managers have often coincided with peaks in equity markets. Conversely, periods when cash levels reached elevated zones were frequently precursors to major market bottoms and to the end of bear markets. At a time when S&P 500 valuations are in an …

The Russell 2000 is a U.S. stock market index that includes approximately 2,000 small-cap companies listed in the United States. Unlike the S&P 500 or the Nasdaq, which are largely dominated by large multinational corporations with significant international exposure, the Russell 2000 primarily reflects the domestic U.S. economic dynamics of small and mid-sized companies. The firms that make up the index are generally younger, more leveraged, and more dependent on financing conditions than …

The U.S. Federal Reserve (FED) has lowered the federal funds rate to 3.75% and announced the start of a phase of technical Quantitative Easing (technical QE), meaning the purchase of short-term bonds to ensure liquidity in the money market and the interbank market. We have now reached a point of balance between the inflation objective and the labor market objective. It is also worth recalling that the Quantitative Tightening (QT) program has been on pause since Monday, December 1st. In other …