Doubts About China’s Economic Data
The Chinese government reported 5% economic growth for 2024, aligning with the target set by the National People’s Congress. According to official statements, this was mainly driven by stimulus measures in the final quarter and strong exports. However, experts like the economists at the Rhodium Group estimate actual growth for 2024 at only 2.4% to 2.8%.
OECD Economic Outlook – Decembre 2024
Our central scenario in the Economic Outlook portrays a picture of resilience. However, this optimism is tempered by significant uncertainties. Elevated geopolitical tensions risk disrupting energy markets and supply chains, potentially driving inflation higher and dampening economic activity. More broadly, these tensions have created headwinds for trade in both advanced and emerging markets, heightening uncertainty over the future course of global trade. A more fragmented, protectionist trading environment and inward-looking policies would negatively affect competition, raise prices, and hinder productivity and growth, while also weighing on the potential for emerging market economies to catch up.
ESG - Ever So Gone
Once hailed as the future of responsible investing, ESG is fading fast in the U.S. Politicized, diluted, and often greenwashed, its promise to reshape capitalism has collapsed. With regulators pulling back and investors losing faith, America’s “sustainable” revolution seems over — replaced by a wave of economic nationalism.
Why Active Funds Fail and How La Côte Invest Ensures Success
Over 80% of active funds have underperformed their benchmarks over the past decade, according to SPIVA data. At La Côte Invest, we focus on what truly drives long-term success: a sound, cost-efficient strategy tailored to each client. By relying primarily on passive instruments and only taking active positions when conviction is high, we ensure consistency, transparency, and performance.
OECD Economic Outlook: Interim Report September 2024
The OECD’s September 2024 Interim Report shows resilient global growth and declining inflation. High-frequency data point to continued momentum, with services outpacing manufacturing. While consumer confidence remains below historical averages, signs of improvement are emerging in Europe and key emerging markets. Headline inflation has eased across most G20 countries, supporting a cautiously optimistic outlook for the global economy.