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11.07.25 - 10:42
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Tariffs Won′t Bring Manufacturing Back to the US: Baader (Bloomberg)
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"These tariffs are going to do absolutely nothing to bring either manufacturing output or manufacturing employment back to the United States," Societe Generale Corporate and Investment Banking's global chief economist Klaus Baader tells Bloomberg's Francine Lacqua. He adds levies proposed by US President Donald Trump are perceived as "transitory" and will raise prices in the US. "In the end, the economy that's going to be really harmed is the United States'," Baader adds. (Source: Bloomberg)...
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04.07.25 - 08:54
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De-dollarisation trend to continue, favouring Asian assets: Societe Generale (SCMP)
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The rotation to emerging markets in Asia that spurred the US dollar's worst performance in more than five decades will probably continue, as a de-dollarisation trend outweighs a record rally in US stocks, according to Societe Generale.
Global investors had turned cautious about their estimated US$62 trillion in dollar-based assets – equivalent to the size of the Nasdaq – as the Trump administration's “reciprocal tariffs” eroded the status of the world's reserve currency, analysts led by Frank......
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20.06.25 - 04:30
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Societe Generale′s Benzimra on Outlook for Asian Stocks (Bloomberg)
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Societe Generale's Frank Benzimra shares his views on the South Korean, Chinese and Southeast Asian stock markets. He says the firm is looking at the China consumption story, and adds that it's neutral on India and underweight Indonesia, Malaysia and Thailand. Benzimra speaks on Bloomberg Television. (Source: Bloomberg)...
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18.06.25 - 14:06
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Stocks Waver Ahead of Fed Decision; Trump Calls on Iran to Surrender | Bloomberg Brief 6/18/2025 (Bloomberg)
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Stocks waver ahead of the latest rate decision from the Federal Reserve. President Trump calls for Iran to unconditionally surrender in their conflict with Israel, while France's Emmanuel Macron speaks out against pursuing regime change in the Islamic Republic. OpenAI boss Sam Altman says Meta has offered $100 million signing bonuses to his staff. Kit Juckes of Societe Generale says the current news flow is more chaotic for markets than the period around global financial crisis. Andrew Hollenhorst of Citi says investors should be less concerned about inflation given data so far despite uprated forecasts on higher oil prices. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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