Enzo Willcox

Explainer: A New Warning for the 60/40 Model

For the first time since 1969, the fundamental principle of diversified management is weakening. Equities and bonds are falling in tandem, transforming the fixed-income safety net into a dead weight for balanced portfolios. Does traditional diversification still have a place?

April 01, 2026 at 04:43 pm

Afyren takes full control of NEOXY plant and boosts capacity with 20 million euro investment

Afyren's earnings release coincides with the full acquisition of its NEOXY plant in eastern France. The group plans to invest 20 million euros to ramp up production, targeting operational breakeven (EBITDA) by 2028.

April 01, 2026 at 10:56 am

Airbus gains altitude as Berkeley stalls, TotalEnergies retreats on crude slump.

Announcements from the U.S. President have weighed on oil prices, providing a tailwind for Airbus while acting as a drag on majors TotalEnergies, bp, and Equinor. Meanwhile, banks selected for the SpaceX IPO are benefiting from the news, and Legrand stands out following fresh investments in data centers.

April 01, 2026 at 10:54 am

Why infrastructure giants are vying for Getlink

Eiffage and Mundys are increasing their stakes in Getlink, the operator of the Channel Tunnel. Both companies will soon be positioned just below the mandatory takeover threshold, without intending - at least at this stage - to launch a formal bid.

March 31, 2026 at 05:52 pm

Norsk Hydro and aluminum prices soar following Middle East strikes

Several strikes that Iran has claimed have targeted aluminum smelters have naturally driven up its price. Who are the winners, and why target these infrastructures?

March 31, 2026 at 11:47 am

Understanding the Mechanics of Share Buybacks

The surge in share buybacks is no coincidence. This mechanism offers tangible benefits for both the company and the investor. However, caution is recommended as well, because these buybacks can also serve as a smokescreen.

March 26, 2026 at 05:08 pm

Dark pools and the indicators used to decipher them

Off-market transactions now account for nearly half of US trading volumes, away from the public eye. The DIX, based on movements within Dark Pools, helps decode a portion of this activity.

March 25, 2026 at 08:27 pm

Siemens and Grifols on the mend... Inwit loses signal.

Oil majors are retreating on lower crude prices, while Nordic banks trade ex-dividend. Grifols shows tangible signs of deleveraging and Siemens secures a new partner. Inwit loses its contract with Fastweb, a Swisscom subsidiary.

March 25, 2026 at 12:03 pm

Are Inverse ETFs Like ProShares Short S&P 500 Worth the Risk?

Betting against the S&P 500 might seem counterintuitive. Yet, that is the core principle of an ETF widely used for hedging or speculation. While the ProShares Short S&P 500 may look appealing when markets turn volatile, it is not a tool for the faint-hearted.

March 23, 2026 at 01:42 pm

Honda: In search of lost time

Once admired for its financial stability, the Japanese brand is preparing to announce the first loss in its history. After long years of unproductive investment, Honda is developing a revised business plan that will serve as a testament to its ability to execute a successful transition.

March 17, 2026 at 04:04 pm

Exail: The Rising Star of European Defense

A 33-kilometer-wide stretch of water has once again become the epicenter of global anxiety in March 2026, as so often throughout history. As tensions with Iran escalate, Exail is capitalizing on the growing threat to global shipping lanes. The stock has surged 62% since January 1st, nearing its recent record high of 138 EUR. This Monday, it jumped over 5% by late morning, reaching 135 EUR.

March 16, 2026 at 02:09 pm

The Xiaomi "sandwich" - why low-cost tech is not immune to inflation

Xiaomi finds itself squeezed between rising chip prices and a cooling Chinese market, two pressures that are showing no signs of easing. The upcoming 2025 earnings report is already looking bleak, fueled by a bearish bet on the stock that could seal the company's future.

March 13, 2026 at 02:15 pm

Market Panic: A User's Guide

The VIX index reached 35 points at the beginning of the week, a level of stress the market had not experienced since April 2025. Although while some see this as a simple indicator of anxiety, others read it as a mechanism of forced flows where derivative products no longer offer protection but instead precipitate falls.

March 12, 2026 at 12:32 pm

Storm hits global stock indices

For the past 10 days, markets worldwide have swung into the red. Between tariffs, a rising oil price and a deepening conflict in the Middle East, here is a look back at the performance of the main stock indices.

March 09, 2026 at 07:03 pm

Strikes in Iran send shockwaves through the markets

As tensions erupt in the Gulf, economic stability is called into question, and fears of escalation turn every missile and every barrel of oil into a crucial political and economic stake.

March 04, 2026 at 03:39 pm

Richemont, the Cartier era

As gold hits record highs, is the Swiss group benefiting from, or being squeezed by, the surge in raw materials? That amounts to asking how much pricing power a group increasingly exposed to jewellery really has.

March 04, 2026 at 01:03 pm

Ferretti, the ultra-luxury bet

In a nautical industry under pressure, an Italian company is holding its ground. Ferretti has chosen to focus on ultra-luxury, a segment that could shield it from the turbulence tied to boating's historic cyclicality. A strategy that appears to be paying off.

March 03, 2026 at 07:03 pm