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Bye Bye 2023

[#ONEwithyou] Bye Bye 2023

As the year draws to a close, we would like to extend our warmest wishes to you and your loved ONEs.

Take a look at our year-end video and deep-dive into our hopes and wishes for 2024.

We wish you a joyous holiday season and a prosperous New Year filled with love and peace.

Best wishes,

#TakeCareOfYourLovedONEs

thb_greetings_2023
Macro

Political risk grows in the West

In the USA as in France, a hung parliament should not upset investors too much.
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Corporate Social Responsibility

Sustainability: a nightmare for SMEs?

Sustainability has become a major issue for companies of all sizes. In Switzerland, where SMEs account for 99.7% of the economy, the question is how ...
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Macro

When data outweighs central bankers

Falling inflation in the USA leads to a sharp drop in yields on Western markets.
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Macro

A small move before the summer break

Recent economic data do not support an aggressive cut in ECB-controlled interest rates.
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Macro

The calm before a potential storm

April's US inflation figures, which were worryingly sticky in the first quarter, are particularly important.
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Macro

Should we celebrate bad news?

Wall Street and the bond market welcome the emergence of many signs of cooling.
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Macro

The prospect of higher rates forever

Government bond yields stabilise, but a major monetary policy reversal remains unlikely.
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Corporate Social Responsibility

2023 SUSTAINABILITY REPORT

After our recent delisting, we remain sincerely committed to transparency and to continuing our efforts to progress on environmental, social and governance (ESG) matters.
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Macro

Powell capitulates under the weight of evidence

Persistent inflationary pressures call for patience from the Fed, but a rate hike remains unlikely.
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Macro

After three misses, the Fed has a problem

Evidence of persistent inflationary pressures in the US is pushing government bond yields higher.
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