As 2021 draws to a close, the global economy is continuing its recovery from the Covid pandemic, even though it is slowing down and inflation is looming large.  There's plenty of major challenges to be faced, not least the energy transition to fight climate change and the development of an inclusive growth model. Read the full paper: 2022 Investment Outlook - Investing in the great transformation   (https://research-center.amundi.com/article/2022-investment-outlook-investing-great-transformation)  --- DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.  

For few months now, we've been seeing significantly pricing in energy and related commodities and supply bottlenecks have driven inflation dynamics into a vicious cycle. Monica Defend, Global Head of Research, shares her views and provide Amundi’s investment convictions in this month's podcast. Read the full paper on Amundi's Research Center: Global Investment Views - November 2021  (https://research-center.amundi.com/article/global-investment-views-november-2021) DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.   

While carbon emissions have been slowly increasing despite efforts to bring them down, “net zero” commitments, on the other hand, have skyrocketed. Setting climate objectives used to be the domain of public institutions, but no more.  This first episode of a series of podcasts produced by Amundi on topical ESG themes is going to explore the topic of Net Zero, based on two papers written and published by Amundi’s ESG experts.  If you want to read the full research papers click below: ESG Thema #1 - Introduction to Net Zero (https://research-center.amundi.com/article/esg-thema-1-introduction-net-zero)  ESG Thema #3 - How can investors contribute to Net Zero efforts? (https://research-center.amundi.com/article/esg-thema-3-how-can-investors-contribute-net-zero-efforts)  --- DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi. 

With Angela Merkel’s long-standing reign coming to an end and the French presidential election in sight, Europe is facing a series of significant electoral events. Fabian Zuleeg, head of the European Policy Centre think-tank, shared his insights and analysis on the German federal election results and on the various possible outcomes of the whole sequence, whilst Amundi experts addressed the investment implications.  DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.  

This month’s main points of attention include the German Federal election, the Evergrande issue in China and its potential impact on global financial markets and an ongoing context of rising inflation.   Monica Defend, Global Head of Research, shares her views and provide Amundi’s investment convictions for the coming months.   Read the full paper on Amundi's Research Center: https://research-center.amundi.com/article/global-investment-views-october2021  DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.  

Equities have remained buoyant over the past weeks despite some challenges (China regulation, Afghanistan crisis), primarily due to the exceptional earnings seasons in the US and Europe. Looking ahead, we identify three main themes: the spread of the Delta Covid variant, the deceleration of economic growth from its peak, and divergences in policies  Read the full paper on Amundi's Research Center:   https://research-center.amundi.com/article/global-investment-views-september-2021   DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.  

The Covid-19 crisis has transformed the world with far  reaching consequences that markets are now starting to assess. The most important one being what will be left of  the Great Recovery following the crisis. Read the full paper: https://research-center.amundi.com/article/h2-2021-investment-outlook-inflation-blows-markets-and-investors-need-act  --- DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi. 

Waters appear calm, but there are strong undercurrents  The waters seem to have remained calm in financial markets, despite still hot numbers from the real economy. Although we see a generally positive picture, main economies are at different stages in their journey towards the peak of acceleration. Europe and some EM have still room to go in this respect.  

 Inflation has remained dormant for a long time, with years of below-target and weak inflation, but we are now reaching a delicate juncture where inflation is taking the driver’s seat in financial markets. Whether this is just temporary or will prove persistent is the crucial question and at present there are two conflicting inflation narratives.   Read the full paper on Amundi's Research Center:   https://research-center.amundi.com/article/global-investment-views-june-2021 - DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi. 

A few months from the COP26 in Glasgow, the President of the United-States sends a strong signal as he convenes global public decision makers to address climate change. Sagarika Chatterjee, Director of Climate Change at PRI and COP26 High Level Champions Team Finance Lead provided her analysis on the meaning and implications of this significant event in a conversation with Jean-Jacques Barbéris -  AMUNDI, Executive Committee Member, Head of Institutional clients and corporate coverage, Supervision of ESG Business Line.   DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.