Category: finance

Bitcoin: Digital Gold The fairly sharp rise in the price of Bitcoin at the time of the Iranian-American crisis confirms the intuition we had in June: Bitcoin is acting as a safe haven. This observation leads us to recommend that you keep your Bitcoin, or even add moderately to them, in the light of the […]

As we do every year, GEAB by LEAP is presenting a landscape of the key trends for the coming year. Besides the intellectual value of this LEAP contribution, which, of course, reflects many of the analyses of our researchers over the last few months, we aim to provide a better understanding of the main issues […]

So January of the famous year 2020 has come! And with it comes our global panorama of trends and expectations. The task of presenting this is, perhaps, even harder than usual, at the dawn of a year capable of delivering the worst as well as the best, or even the worst in anticipation of the best […]

Corporate: Watch your back!  The world is realigning itself according to its major regions. This trend, identified a long time ago by the GEAB and repeatedly validated, obviously doesn’t only concern government dynamics. It has direct consequences for companies as well. Particularly this one: don’t abandon your foundations! Certainly, a company needs to grow. And […]

As we do every December, we have completed an evaluation of the trend anticipations we published last January. This time, we have ended up with a final score of 27.5 over 39 key trends, or a 70.5% success rate, 2.5 points higher than last year (68%). We organised the “up & down” trends for 2019 […]

This in-depth assessment of our anticipations for the year will be used to update our map of major global transformational trends. We present here a synthesis of a year of anticipations tested against reality and placed in a more classical temporal continuum (past and present). This meticulous work is specially intended to enable everyone to […]

The immense stagnation of a eurozone trapped in a crumbling EU has caused many missouts. But two game-changers are shaking the monetary union from its lethargy. We are speaking of: Facebook’s announcement of the launch of its virtual currency, the libra, which has created panic among state officials and, at least for the time being, […]

Aramco’s IPO: another game-changer Saudi Aramco is a wonderful illustration of the problem that we see beginning to be solved in 2020 with the establishment of a new monetary and financial system – the old one being no longer in line with the global economy of the 21st century. Since 2018, we have regularly heard […]

We have been anticipating the arrival of central bank digital currencies (CBDCs) for a year.[1] And it was Christine Lagarde’s speeches at the IMF last November, in particular, that encouraged us to do so. Inevitably, Christine Lagarde’s appointment as head of the ECB indicates that this type of agenda is likely to be accelerated in […]

The above title is provocative in a media world rightly focused on ecological catastrophes, popular discontent, risks of war and the financial crisis of 2020. But our mission is not to repeat what everyone knows – that the chaotic world of the beginning of the 21st century is a dangerous place… After all, hasn’t the […]

Monetary Policy – beware of the direction change The shift towards the green colour of the economic indicators linked to the reduction in trade tensions at the end of the year, combined with the rebellion against accommodative monetary policies expressed by major central bankers, suggest a proportional reversal of the trend, particularly in key interest […]

Finance – First openings in the Chinese market Our investment recommendations on the Chinese financial market are not easy to follow due to lack of accessibility. However, gradually the Chinese financial market is opening up to the outside world and the first trading platforms are on the horizon. During our research in Hong Kong, we […]

Between a USD-pegged currency (the HKD) and the reaffirmation of its Chinese nature after its handover in 1997, Hong Kong lies right at the heart of the famous trade war between the United States and China. This context largely explains the island’s economic difficulties, creating the conditions for the well-known troubles. A longer-term perspective also […]

It’s not only Hong Kong that finds itself in the middle of the crossfire of the US-China trade war. The IMF may also be on the list of collateral victims of the great tectonic plate movement currently at work. In recent years, Beijing has increased its voting weight and added the Yuan to the basket […]

While the wave of buzz and hype around cryptocurrencies, or virtual currencies, is running out of steam among people in general,[1] the movement that has emerged remains robust. The versatility of the technology, its deployment in a digital context which can quickly reach millions of people, its potentially anonymous character and the place it could […]

In ten years’ time, if the digital currencies of central banks become widespread, the role of monetary issuance which began to escape from them nearly fifty years ago[1] should come back to them via the recovery of the power of transaction. (“What if, instead, central banks entered a partnership with the private sector—banks and other […]

The IMF and the international financial institutions are preparing reforms of the international monetary system, which must also take into account this double injunction of efficiency (thus of modernity and openness to the world) and of acceptability (thus respect for sovereignty). We have already drawn our readers’ attention to Christine Lagarde’s very important speech last […]

Reports are currently proliferating concerning the health of the European banking sector ten years after its great crisis.[1] However, on the one hand, the European banks only managed to get out of it with public funds;[2] on the other, some behemoths are still seen as ticking time bombs[3] (Deutsche Bank, Commerzbank,[4] Monte Paschi[5]…). Finally, the […]