04.12.2025
China’s Unfinished Pivot: The Next Phase of Reforms
China is positioning itself to become a global leader in technological innovation.
Patrice Gautry
Chief Economist
Genebra, Suíça
French, English
Patrice Gautry é o economista-chefe da UBP há mais de 15 anos e tem quase 30 anos de experiência em macroeconomia e estratégia de investimento.
Integrou a Union Bancaire Privée em Genebra em fevereiro de 2000 e lidera o departamento de Pesquisa Económica e Temática do Banco. De 1991 a 1999, trabalhou no departamento de Gestão de Ativos Institucionais do HSBC Group em Paris, onde liderava os estudos económicos e a estratégia de investimento. De 1988 a 1991, foi gestor de carteira de vários fundos de investimento e SICAV do Ecofi-Finance Grupo.
Patrice Gautry tem um mestrado em Economia da HEC-CESA Paris e da Universidade de Orléans, com especialização em divisas, finanças e banca.
Explorar mais de Patrice
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France’s debt puzzle
Markets have steadied after the appointment of the Lecornu II administration, yet lingering political and fiscal vulnerabilities persist.
08.04.2025
World growth under tariffs
The tariffs announcement by US President Trump last Wednesday evening exceeded most expectations, raising the average tariff on US imports from 2.5% to 24%, a level not seen since the 1930–40s.
19.03.2025
Europe: rewriting its future
The US–Europe relations prevailing since World War II are shifting.
14.02.2025
Europe in the crosshairs of US trade policy
At the start of the year, markets dismissed the prospect of US tariffs as mere threats rather than economic realities. But the new Trump administration’s first decisive moves – targeting China, Canada, Mexico, and soon, Europe – have shattered that assumption.
29.11.2024
Is the victory over inflation final?
In this podcast, our Chief Economist Patrice Gautry talks about the UBP Global Investment Committee’s views on economic growth, inflation, and interest rates in 2025.
17.06.2024
2024 US elections come into view
Our experts examine the tumultuous US election landscape and historical market behaviour during election years, as well as anticipate the fiscal challenges awaiting the next president amidst record-high US federal debt levels.
26.01.2024
“Budget deficits are growing even wider”
Confirmation that inflation is falling around the world could be the best news we get in 2024.
23.11.2023
UBP Investment Outlook 2024
UBP’s experts present their investment convictions for the upcoming year in their “Back to the Future” roadshow.