Perspectives Pictet

Loch sne dong Chen tena khmer song

Loch sne dong Chen tena khmer song

Published: Tuesday December 29 2015 The Director of Geneva’s Campus Biotech is creating a new biotechnology and medical technology centre, bringing together different disciplines to find treatments that will save lives and improve the quality of life for patients. Since the beginning of modern pharmacology, the treatment of patients has relied on advances in medicine and biology to devise therapies that can cure or alleviate their conditions. Today, new approaches focus on specific biological...

Published: 22nd December 2015 Download issue: Health matters to all of us: we want to live longer and better lives as our standards of living rise. In this issue of Pictet Report, we take a look at some exciting developments in the diagnosis and treatment of illnesses, and at new models for providing affordable and accessible healthcare. The most significant factor in improving healthcare today is technological innovation – in particular, the falling costs of DNA sequencing and the...

The 2015 general elections marked one of the major changes in Spanish political history. For the first time since Spain embraced democracy in the late 1970s, the two parties that have dominated the political landscape (the Socialist Party, or PSOE, and the Popular Party, PP) have been challenged by two emerging groups: Ciudadanos (liberal-reformist) and Podemos (radical left). General elections held yesterday yielded a highly fragmented Congress with no absolute majority for a single...

[embedded content] Published: Monday December 21 2015 Christophe Donay, Chief Strategist at Pictet Wealth Management, discusses our macro scenario for 2016 and the implications for financial markets. The absence of momentum and elevated volatility mean a key role for an active tactical asset allocation and stock-picking.

Christophe Donay, Chief Strategist at Pictet Wealth Management, discusses our macro scenario for 2016 and the implications for financial markets. The absence of momentum and elevated volatility mean a key role for an active tactical asset allocation and stock-picking.

In this note we look at the drivers of the ECB's staff upbeat inflation projections. We find that the ECB relies to a large extent on a further pass-through from unconventional measures. In a previous note focusing on euro area consumer prices, we looked at recent trends in core inflation and came to the following conclusions: Most indicators are consistent with a gradual increase in underlying inflation in 2016, albeit with a weak momentum and downside risks. The ECB will monitor core...

At yesterday’s FOMC meeting, the Fed finally decided to hike rates by 25bp, adding that the path of future rate hikes would be gradual. We continue to expect a very slow pace of tightening next year (only two additional 25bp hikes). In line with what almost every forecaster was expecting, at its meeting yesterday, the Federal Open Market Committee (FOMC) decided to hike interest rates, and raised the target range for the Fed funds rate by 25bp from 0%-0.25% to 0.25%-0.5%. The Fed fund...

In December, euro area business surveys (PMIs and IFO) slightly softened on the back of a weaker services sector, in particular in France, whereas the manufacturing sector held up again. According to Markit’s preliminary estimates, the euro area composite PMI eased slightly from 54.2 in November to 54.0 in December against expectations for no change. December’s decline was due to the services sector (-0.3 point to 53.9), whereas the manufacturing index (+0.3 point to 53.1) edged up for...