We are hosting our 28th ODDO BHF Forum in Lyon on 9 and 10 January 2025. In total, 211 companies will be presenting over the two days. In the following note, we provide some initial feedback from the companies on day 1. Out of the 104 feedbacks collected during the first day, 40 were clearly positive, 59 rather Neutral, and only 6 negative. Among the positive names, we would particularly highlight Accor, URW, Euronext, Bureau Veritas, Renke, ID Logistics, Roche Bobois, Ionos, Companie des Alpes...
S&P 500 Above Support; Market Dynamics Still Risk-On The Fed injected some volatility into the market last week as they discussed an uncertain inflation outlook and the SEP showed the median expected rate cuts for 2025 fell to just 50bps, down from 100bps at the September meeting. At this point we believe this pullback is a buying opportunity, as market dynamics remain risk-on, the S&P 500 remains above 5850 and 5600-5670 supports, and commodity prices (Bloomberg Commodity index, crude oil, and...
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