Oddo BHF - Oddo convertible news 16/04/2018

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Oddo BHF

Oddo convertible news 16/04/2018

Moodyâ€™s downgraded Safiloâ€™s rating by one notch to B1/stable outlookRocket Internet launches a share buy-back offer>

16/04/2018 7 EN

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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.

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Bruno Cavalier

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Last April, the world seemed to be headed for a recession and the markets for a crash. These concerns persisted for a few weeks. Then, the US and China reached a truce and other countries swallowed Trump’s new tariffs. Six months later, there has been neither a crash, nor a recession. Many assets have hit all-time highs and world trade has accelerated. When the results are so at odds with expectations, there is a temptation to explain why this time is different. This is generally an illusion, as has been well documented by historians of past crises. The resilience of the US, and hence the whol...

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En avril dernier, le monde a semblé prendre le chemin menant à la récession et les marchés celui menant au krach. Ces frayeurs ont duré quelques semaines. Puis, les Etats-Unis et la Chine ont signé une trêve, les autres pays ont accepté sans broncher les nouveaux tarifs du président Trump. Six mois plus tard, il n’y a eu ni krach, ni récession. Au contraire, pas mal de d’actifs financiers sont au plus haut de leur histoire, et le commerce mondial a vivement accéléré. Quand les résultats sont si contraires aux attentes, il y a la tentation d’expliquer rétroactivement par a+b pourquoi, cette foi...

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Oddo convertible news 16/04/2018

World economy: between risks and resilience

Economie mondiale, entre risques et résilience

BPCE : Issuance Focus

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