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Monthly Macro Review - January 2026
Macro at a glance Washington is once again asserting its influence across the globe, using methods that may be questionable. In Venezuela, the removal of Nicolás Maduro has led to the enactment of laws allowing for the immediate privatisation of oil; however, the physical reality of degraded infrastructure has resulted in muted recovery in production, with major companies like ExxonMobil (XOM) retaining a cautious stance despite the legal framework. This intervention had a d
IS Team
12 minutes ago6 min read


Investment Society Lausanne - Annual Report 2025
1.0 - Who We Are and How We Work The Investment Society Lausanne is a student-run, non-profit investment fund established in 2019, operating on the UNIL-EPFL campus. As the largest fund of its kind in the Lausanne region, it offers students from the University of Lausanne (UNIL) the opportunity to gain hands-on experience in investment management. The society's mission is to unite students passionate about investment, help them develop practical skills applicable to real mark
IS Team
Jan 1813 min read


Monthly Macro Review - December 2025
Macro at a glance The trade agreement between the EU and Mercosur became a hot topic in global trade in December, illustrating how politically fragile liberalisation remains in a world already plagued by reshoring and tariff risk. Even after significant progress, the signing has been postponed until January 2026, with leaders facing intense domestic pressure, particularly from the agricultural sector, which fears competition from imports and non-equivalent standards (called r
IS Team
Jan 16 min read


Monthly Macro Review - November 2025
Macro at a glance In November 2025, Japan's economic narrative was shaped by the formalization of the "Takaichi Doctrine", as the Cabinet approved a substantial ¥21.3 trillion ($135 billion) stimulus package aimed at combating stagflation. This aggressive fiscal expansion exceeds initial market estimates and clashes directly with the Bank of Japan's efforts to normalize rates amid 3% inflation and a Q3 GDP contraction. This policy divergence has created a bifurcated market. T
IS Team
Dec 1, 20255 min read


Monthly Macro Review - October 2025
Macro at a glance On October 26, Argentina held midterm legislative elections that served as a critical, make-or-break referendum on President Javier Milei's radical "shock therapy" economic program. Against pre-election polling that suggested a weakening of his support, and following a destabilizing provincial election defeat in September , Milei's La Libertad Avanza ( LLA ) party secured a decisive nationwide victory, winning approximately 41% o the national vote. The marke
IS Team
Nov 1, 20255 min read


Monthly Macro Review - September 2025
Brunello Cucinelli store New Bond street, London Macro at a glance On 17 September, Riyadh and Islamabad signed a mutual defence pact...
IS Team
Oct 1, 20255 min read


Argentina on the Edge of Reform: Politics, Prices, and the Road to October 26
Source: Presidencia via La Voz de San Justo Introduction Argentina’s economic reform drive under President Javier Milei has reached a...
Hippolyte Metzger-Otthoffer
Sep 18, 202516 min read


The new age of tariffs: economic tool or political weapon?
In recent months, it has to be acknowledged that tariffs have taken center stage in economic and political discourse: it is not only...
admin1351600
Sep 1, 20254 min read
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