02. MACROECONOMICS & STRATEGY
Market performances: American exceptionalism / Short and sharp rise in China / French decorrelation
Index performance (base 100 at 29/12/2023)
Chart Title
140
Fears of job market and the profitability of AI
Expectation of lower rates as inflation falls
Strong activity in the United States
Trump 2.0
Inflation fears
135
China's recovery plan
130
Yen crisis
25,7%
125
120
17,1%
115
110
9,3%
105
0,3%
100
French National Assembly dissolved
95
90
85
01-24
02-24
03-24
04-24
05-24
06-24
07-24
08-24
09-24
10-24
11-24
12-24
S&P 500 TR
Euro Stoxx ® NR
MSCI China
CAC 40 ® NTR
Public
Sources : Bloomberg, Rothschild & Co Asset Management – 31/12/2024 This presentation contains historical market data. Historical market trends are not a reliable indicator of future market behaviour. These data are provided for illustrative purposes only. Depending on the date of publication, the information presented may differ from the updated data.
40
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