NewsMarkets

The Expert’s View

Labor Market in U.S.: Superficial Stability and Underlying Pressures

The year begins with few surprises on the macroeconomic front. The U.S. labor market remains in a gray area: hiring appears sluggish, yet there are no significant increases in layoffs. The December ADP private employment report came in below expectations (41,000 vs. the expected 50,000), although it confirms a trend of stability since mid-2025. For ...

NewsMarkets

The Scenarios of Investment Firms

What to Expect from Central Banks in 2026?

After a 2025 that clearly demonstrated the diverging paths taken by various central banks around the world, all signs point to somewhat more stability in monetary policy in 2026. That said, attention remains on whether the recent arrest of Nicolás Maduro by the United States will have repercussions on oil prices and, consequently, on inflation ...

NewsBusiness

For $180 million

Credicorp’s Peruvian Subsidiary BCP Announces Purchase of Helm Bank USA

Credicorp announced that its subsidiary, Banco de Crédito del Perú (BCP), has signed an agreement to acquire 100% of the issued and outstanding shares of Helm Bank USA for $180 million, with the amount subject to the customary closing price adjustment. “We believe this transaction strengthens Credicorp’s strategy to enhance its cross-border capabilities to serve ...

NewsMarkets

The Perspective of International Asset ...

From the Dollar to Real Yield: A Look at Emerging Markets

“The Composite Risk Premium in the U.S.—Equities, Sovereign Debt, and Credit—is the Lowest Since 2000 and Points to Below-Average Returns in the Coming Years. Moreover, We Expect Mid-Cap Domestic Companies and Value-Oriented Stocks in Europe to Outperform the MSCI World Index, Along With Certain Growth Companies in the U.S. and, Above All, Emerging Markets,” Says ...

NewsMarkets

Funds Society Survey

The Fed Maintains Its Independence, but the Debate and Risks Will Persist

After a 2025 marked by tensions between Fed Chair Jerome Powell and U.S. President Donald Trump, it was inevitable to raise the question of whether the Fed has lost its independence. In the opinion of our readers and social media followers (53%), the U.S. monetary institution is still following its own guidance. Additionally, it is ...

NewsAdvice

Smarter Giving

It Is Time to Revisit the Philanthropic Strategy and Consider the Appreciated Assets

As the Year-End Approaches, U.S. Investors Have the Opportunity to Align Their Financial Goals With Their Philanthropic Values. By incorporating charitable donations into their financial plans, they can support causes they care about while also accessing significant tax benefits, notes a report from Vanguard. Charitable donations can take various forms, from cash gifts to in-kind ...

NewsMarkets

It Does Not Lose Its ...

The Fall of the Dollar in 2025: What Are the Implications for Investors?

The U.S. dollar is experiencing its weakest year in over a decade. As of September 2025, the dollar index, which measures its value against other major currencies, had fallen by nearly 10%. In other words, the currency declined even further against the euro, Swiss franc, and yen, and dropped 5.6% against major emerging markets. This ...

NewsMarkets

Interview With U.S. Economist Daniel ...

“Protectionism and the Fed Will Explain the Low U.S. Growth in 2026”

In a conversation with Funds Society, U.S. economist Daniel J. Mitchell, a leading expert on tax and public spending issues, analyzed the pillars of the new Donald Trump cycle in the White House, fiscal tensions, the role of trade, and the outlook for 2026. From his point of view, next year the growth of the ...

NewsMarkets

The Valuation of the Asset ...

What Does the Fed’s Latest Cut Mean Looking Ahead to 2026?

The U.S. Federal Reserve (Fed) held its final meeting of 2025 yesterday and announced a 25 basis point cut, in line with market expectations. Thus, the year ends with interest rates in the target range of 3.5% to 3.75%. In the opinion of international asset managers, the fact that the Fed continues to lean toward ...

NewsMarkets

The Expert’s View

ISM and Employment: Persistent Slowdown, Not Collapse

The November ISM manufacturing index fell to 48.2 (from 48.7), marking its ninth consecutive month in contraction. The new orders sub-index remains below that of inventories, signaling further weakness ahead. The employment component also declined (from 46 to 44), reinforcing the narrative of a still-weak industrial sector. On the other hand, the ADP employment report ...

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