We are back ! 
On the menu for this episode, we discuss:

- European credit market implosion incoming, partly due to fragmentation on Italian bonds that have seen their yield climb 3 full percentage points since the beginning of 2022, along with a myriad of challenges lying ahead for all economies of the old continent. 

- Recession calls growing louder in the US as the 2Y-10Y has inverted yet again, as well as what many CEOs are telling us about extremely complicated business conditions, from Elon Musk to Jamie Dimon and its “economic hurricane” call.

- Finally, one of the only positive investments in the last 12 months, which is actually an alternative investment, as the Subdial50 index, which tracks global market prices for the 50 most traded luxury watches, has posted an impressive 40% return in the last 12 months. That puts pre-owned luxury watches ahead of a slew of other alternative asset investments, including vintage cars, up about 20%.

Unfortunately we do not record in our university's studio anymore, meaning audio quality won't be as good as it used to, we apologize for that.