10 themes for the year ahead
“Japanification” = shorthand for countries with persisting low inflation and yields, but the comparisons fall short
Europe is embracing digitalization and renewable energy – This will require substantial investments
Charging points for electric vehicles are emerging as an increasingly interesting segment infrastructure investors should keep an eye on.
For a change, Europe’s banking sector appears in reasonably good shape. That’s good news, not least as supranational decision-making remains fragmented.
Europe’s banks and U.S. real estate – an unhealthy relationship once again questioned by markets.
Supplementary capital - AT1 - gained unexpected notoriety this week. This may make banks position themselves more solidly even without regulatory pressure.