October 2019

Warren Buffett is probably the most watched investor in the world. Many asset managers seek to emulate its movements. This is not surprising considering its impressive track record of generating above-average returns for the U.S. stock…

Authors: Alicia Garcia-Herrero, Natixis and BruegelSince the start of the US-China trade war, the market has not lacked trade measures designed to reduce China's bilateral trade surplus with the United States. With renewed With trade…

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Long-lasting structural changes in the economy have turned book value into a weak and incomplete measure of business value. Technological innovations have significantly affected where companies acquire capital, what they invest that…