Outlook 2026, Florence Pisani, Philippe Dehoux
The Fed under attack
Can political interference undermine the Fed's independence and credibility?
Recorded by New York Life Investments - August 11 2025
Market Matters Podcast is an essential audio source for expert analysis, financial insight, and timely market updates from New York Life Investments.
In this episode, our Candriam experts focus on Europe, discussing the sustainability of government debt and how these shifting realities affect investors. This episode offers a concise, informed perspective tailored to help you navigate the current investment landscape.
What You'll Hear
- The macro side of European sovereign debt management: should high debt ratios be a concern? Are austerity measures a solution?
- How sustainable are public debts today in Europe?
- The link between sovereign debt levels and financial markets
- Our views on Germany, France and Italy’s fiscal policies
- Our views on European long-term interest rates, and on credit, including sector ideas
About the Series
The Market Matters Podcast
The Market Matters Podcast is produced by New York Life Investments, bringing you regular updates from our global research and investment teams.
Browse all podcast episodes on the official New York Life Investments website for additional insights and market commentary.
-
-
Florence Pisani, Nicolas Jullien, Macro, Asset AllocationMarket Matters Podcast
Market Matters Podcast is an essential audio source for expert analysis, financial insight, and timely market updates from New York Life Investments. -
Asset Allocation, Macro, Economic Outlook, Emile Gagna, Florence PisaniSlowdown on the Horizon…
Despite rising geopolitical tensions, the global economy showed surprising resilience in early 2025, and inflation continued to normalise. -
US elections, Asset Allocation, Macro, Economic Policy, Geopolitics, Florence Pisani, Emile Gagna, Lauren GoodwinTrump’s Economic Policy
The election of Donald Trump, coupled with the Republican Party's control of both houses of Congress, has resulted in a new political landscape in the United States. What key decisions must the new administration make? What impact will these decisions have on the macroeconomic environment, financial markets and investors? -
Florence Pisani, Stefan Keller, Outlook 2025The German economic model in question
Between 2005 and 2017, when most Eurozone economies saw declines in both the weight of their industries and their export market shares, Germany stood out for its powerful industry, strong market shares... and its fiscal rigor. Over this period, German GDP grew 10% faster than the rest of the zone. Germany and its social co-management model (Mitbestimmung) have long been held up as the example. -
Charudatta Shende, Nicolas Jullien, Fixed Income, US electionsBallots to Bonds
Following the US election, what will the bond landscape look like around the world in the near term and the medium term? President-elect Trump should be able to implement much of his political agenda over the next few years. We think four themes stand out: Tariffs, Regulations, Tax Cuts, and Immigration. What we don’t yet know is the timing and the magnitude of these elements. -
Nadège Dufossé, Florence Pisani, Asset Allocation, US electionsUpdate on US elections
Donald Trump heads back to the White House as the 47th President, with an increased likelihood of a Republican sweep. Yesterday (6 November), market reactions were strong, with US stocks hitting all-time highs, 10Y bond yields jumping to 4.5%, and the dollar surging against most currencies. -
Nicolas Forest, Florence Pisani, US electionsShould we be afraid of the US elections ?
With the partisan divide hardening in the run-up to November 5, the presidential race was revived with the withdrawal of Joe Biden at the end of July. In just a few weeks, Kamala Harris has breathed new energy into the Democratic campaign.