Are markets underestimating the risks of stagflation, as Alexandre Hezez of Banque Richelieu believes? Or are they too prone to anticipate the worst, as Leonard Cohen of Ginjer AM analyzes. Faced with uncertainties and a situation that is difficult to understand, current scenarios sometimes vary from one extreme to the other. "We can't see a thing...
Market outlook: between excessive optimism and exaggerated pessimism
Léonard Cohen (Ginjer AM) and Alexandre Hezez (Banque Richelieu)