China And The US Race For Global Leadership In Technology

The featured repot by Edmond de Rothschild explores the latest macroeconomic and market trends, focusing on China’s AI advancements, U.S. policy shifts, and the global investment landscape.  

Key Insights:  
• China’s AI Disruption: DeepSeek claims to rival ChatGPT with a more cost-efficient AI model, shaking tech markets.  
• U.S. Economic Policies: Trump’s budget cuts and tariffs create uncertainty, impacting labor markets and economic growth.  
• ECB Rate Cuts: In response to slowing inflation and weak growth, the ECB reduced rates by 25bp.  
• Investment Strategy: Neutral stance on equities and bonds, favoring corporate debt over government bonds.  

For in-depth analysis, read the full report.