

Florence Pisani has been Global Head of Economic Research at Candriam since 2016, she joined the firm in 2002 as a Macro-Economist.
She previously worked as an economist with the French investment bank CPR. She is also teaching at the University of Paris Dauphine. She published several books with Anton Brender and Emile Gagna. The last ones published by the CEPS, The Sovereign Debt Crisis: Placing a Curb On Growth (2012) Money, Finance and the Real Economy: What went wrong? (2015), The American Economy : A European view (2018).
Florence Pisani holds a Ph.D. in Economics from University of Paris Dauphine.
Discover the latest articles by Florence Pisani

Alix Chosson, Florence Pisani, Outlook 2023
In Europe, the COVID-19 pandemic and the energy crisis have both weighed heavily on national Budgets. As the issue of energy transition becomes more pressing, can - and should - the European Central Bank (ECB) support governments?

Asset Allocation, Video, Anton Brender, Florence Pisani, Nadège Dufossé
Economic and financial outlook
As recently as the beginning of February, a total invasion still seemed unlikely. Since then, we have chosen to position for a potentially binary outcome, and have increased exposure to gold, the USD, the YEN, and the CHF, as well as to some commodities such as oil, while cutting our exposure to financials, reducing our equity exposure, and adding protection.

Asset Allocation, Nadège Dufossé, Florence Pisani, Stefan Keller, Thibaud Marie-Regnault
Russia-Ukraine conflict: geopolitical minefield for markets
Following weeks of rising tensions between Russia and Ukraine, Russia’s President Vladimir Putin has recognised the independence of two Moscow-backed regions in the Donbas region in eastern Ukraine.

Asset Allocation, Anton Brender, Emile Gagna, Florence Pisani, Macro
The Macroeconomics of Debt: Europe’s Blind Spot
With the pandemic, public debt has soared around the world. In the United States, as in Europe, ambitious investment plans will nevertheless be implemented… which will further increase public debt.

Video, Anton Brender, Nadège Dufossé, Florence Pisani
Economic and financial outlook
At the beginning of the summer, the pandemic is still far from being under control everywhere. However, the determined vaccination policy in the United States and President Biden's transformation plan suggest that the economic rebound in the United States will be marked and the return of growth sustainable.