Insights & News - EFGAM New Capital

A changing world

Podcast - Reimagining business through AI

José Pedro Almeida, Executive in Residence at INSEAD, explains how he helps governments, investors and businesses lead AI and digital transformations, with a particular focus on healthcare. From how to get CEO buy-in to the dos (and don’ts) of measuring success, Jose explains the human role in a GenAI enabled business.

16 Mai 2025

Macro

Did imports lower US real GDP?

Did imports lower US real GDP in the first quarter of 2025? Some commentators have pointed to a surge in demand for foreign goods as the reason for the reported contraction. In this note, EFG Chief Economist Stefan Gerlach explains why that interpretation misreads the mechanics of GDP accounting.

08 Mai 2025
Read time: 3 mins

Macro

BoJ still has a bias to raise rates

At its meeting on 01 May, the Bank of Japan (BoJ) Policy Board left the policy interest rate unchanged. Downward revisions to Policy Board members’ economic forecasts and communication highlighting elevated uncertainty led markets to price out rate increases in the remainder of 2025. In this Macro Flash Note, Economist Sam Jochim argues that the BoJ still has a bias to raise rates this year.

07 Mai 2025
Read time: 4 mins

Macro

A bumpy road for markets

Welcome to the May edition of InView: Monthly Global House View. In this publication we consider significant developments in the world’s markets, and discuss our key convictions and themes for the coming months.

06 Mai 2025
Read time: 10 mins

Macro

President Trump's tariff strategy: trade policy or fiscal reform?

In this Macro Flash Note, Stefan Gerlach, EFG's Chief Economist, examines the relationship between the Trump administration’s trade and tax policies. Far from being just a trade tool, tariffs play a central role in a broader economic vision—one that seeks to reshape how the US government raises and allocates revenue. This note places that vision in a historical context and assesses its economic implications.

30 April 2025
Read time: 4 mins

A changing world

Podcast - How Meta Manages Misinformation in a Rapidly Changing World

What role do global platforms such as Meta have in managing misinformation? What is the difference between misinformation and fake news, and what impact does it have on society? What lessons has Meta learnt from the challenging geopolitical environment of the past few years? Moz talks to Tom Bonsundy O’Bryan, Head of misinformation policy for EMEA at Meta to gain a fascinating insight into the world of combating misinformation at the world’s largest social media company.

28 April 2025

Outlook 2026