Perspectives – Riviera Wealth Management

Q2 2026 Earnings Season: Five Signals to Reposition Your H2 Allocation

At mid-Q2 2026 earnings season, 73% of companies beat consensus but 61% lower H2 guidance. Five concrete trades to reposition your portfolio: add European value, trim US growth tech, hold gold.

juillet 24, 2026

ECB July 23, 2026: Inflation Below 2% — Is the Tightening Cycle Over?

As eurozone inflation falls to 1.8% — below the 2% target for the first time since 2021 — the ECB meets on July 23 in an unprecedented context. A hold is certain, but Lagarde’s press conference and the September question are dominating bond markets.

juillet 22, 2026

Magnificent 7: What Q2 Earnings Reveal About AI and Valuations

Alphabet, Microsoft, Meta and Amazon report Q2 results this week. Analysis of the three decisive metrics (cloud, AI capex, margins) and positioning in the face of the Magnificent 7’s historic concentration in indices.

juillet 20, 2026

July 29 FOMC Meeting: Three Scenarios for Markets

The FOMC meets July 29-30, 2026 with an 82% probability of a hold. We analyse the three possible scenarios and their implications for bond, equity, and gold allocation.

juillet 17, 2026

Semiconductors: After the AI Euphoria, the Time for Selection

July’s correction reveals a two-speed semiconductor sector. Micron -13%, Intel -9%, AMD -7%: after +71% in Q2, markets are brutally selecting structural AI leaders from cyclical players. TSMC reports July 16 — a decisive test of real demand.

juillet 15, 2026

US Major Bank Earnings Q2 2026: JPMorgan, Goldman and the Health of Capital Markets

A pivotal week for markets: JPMorgan, Goldman Sachs, Bank of America and Morgan Stanley report Q2 2026 results on July 14-15, while June CPI and Kevin Warsh’s Congressional testimony add a dual macro catalyst. Analysis and portfolio implications.

juillet 13, 2026

June 2026 CPI: Inflation Holds Firm, Fed Under Pressure

June 2026 US CPI at +3.2% YoY (core +3.5%), above consensus. We decode the key components, revised Fed rate scenarios, and portfolio allocation adjustments.

juillet 10, 2026

Emerging Markets in Summer 2026: India Leading, China in Tactical Rebound

MSCI EM +14% YTD: India leads, China rebounds tactically and ASEAN captures China+1 relocations. Our positioning analysis for summer 2026.

juillet 8, 2026

Strong Dollar in 2026: How Monetary Divergence Is Reshaping Portfolio Allocations

EUR/USD under pressure, record Fed/ECB rate differential — analysis of concrete implications for wealth management portfolios and allocation strategies facing the strong greenback in 2026.

juillet 6, 2026

Q2 2026 Earnings Season: European Banks, Tech and Energy — How to Position

JPMorgan opens earnings season on July 11. Q2 2026 looks bifurcated: European banks and defence outperform while US tech faces the AI monetisation test. Our complete sector positioning.

juillet 3, 2026

Catégorie : Perspectives