Report
In a crisis, you must not keep the powder dry
The coronavirus shock is undergoing worrying mutations. Initially, the impact was on supply with the global factory that is the China grinding to a halt. Then, the shock spread to demand with travel restrictions. Over the last ten days, it has morphed into a major financial shock. The fall in share prices, the widening of credit spreads, the rise in volatility, all of these factors are tightening financial conditions in proportions unseen since 2008, and could cause a recession. ...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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