Graph of the month
USA : Salaries and job vacancies go hand-in-hand.
Our mission
MacroGuide answers your questions about the global economy and financial markets
Our services
From macroeconomics to investments
Macroeconomic analyses
Financial advice
Conferences
Macroeconomic analyses
We can provide you with timely macroeconomic analyses, illustrated with charts and internal indicators to forecast growth and inflation in developed and emerging countries.
These indications will give you the critical thresholds that signal the danger of recession and the chances of recovery.
Analysis frequency: according to your needs
Prices: competitive
Financial advice
MacroGuide Sàrl offers you recommendations on your investment policy, based on strategic and tactical asset allocation. Strategic allocation is based on your profile, your investment horizon and your risk tolerance. Tactical allocation aims to overweight or underweight each asset class (cash, bonds, stocks, real estate, gold) depending on the opportunities and risks of the financial markets.
Frequency of financial advice: according to your needs
Prices: competitive
Conferences
We may speak at conferences or participate in round tables on topics related to the outlook for the global economy and financial markets.
The key to a good presentation at a conference is to understand that to be inspiring, you have to be passionate.
The conference can be given in French, English or Italian. Here is an example of a conference: Ted Conference .
Frequency: according to your needs
Prices: competitive
Our philosophy
The philosophy of MacroGuide Sàrl is above all to help our clients manage their assets.
By deciphering the sometimes complex interactions between the global economy and financial markets.
We have 3 fundamental golden rules for managing our investments, which we summarize under the acronym UAF
U for Understanding… the reasons for our investments. If we cannot explain to a loved one why we invested our money in this or that investment, then it has no place in our portfolio. Warning: the argument “I buy because it’s going up” can be included in the list of arguments, but… it must not be the only one!
A for Anticipate! Let’s focus on the future performance of our investments rather than past returns! It’s about looking towards the future rather than looking in the rearview mirror to direct our investments on the performance highway. However, past performance can be as useful in measuring risk as a glance in the rear-view mirror before overtaking … the benchmark!
F for forget : we must erase from our memory the price at which we made our investments. Of the three rules, this one is undoubtedly the most controversial and the most difficult to assimilate. When we look at the bank statement detailing our investments, our eye is first drawn to the last price and then, immediately after, to the column indicating the purchase price.
The comparison makes us smile or wince but does not help us decide whether to sell or not. To do this, we must return to the two previous rules of understanding and anticipation.
Our main goal is to help you manage your investments and their risks.
Our service is primarily aimed at pension funds, independent wealth managers and family offices.
Do not hesitate to contact us for more details.
About us
Michel GIRARDIN
The video courses on market finance that he has been running since 2018 rank among the 5 most popular courses in the world on the Coursera “Massive Open Online Courses” (MOOC) platform. In 2020, he successfully launched a similar online course in French at the University of Geneva.
Michel has over 30 years of experience as Chief Economist and Chief Investment Officer in the Swiss banking sector. In this capacity, he advised on the investment policy of the main European pension funds. He is a member of the Foundation Board of the International Centre for Monetary and Banking Studies, headed by the President of the Swiss National Bank.
In 2013, he founded MacroGuide SàRL, an investment consulting and monitoring company for pension funds and wealth management companies.
An experienced columnist, he published “La Bourse et la Vie” (éditions Slatkine), a portrait’s book of great financiers, in picture and prose.
Michel holds a doctorate and a master’s degree in political economy from the Ecole des HEC of the University of Lausanne, as well as a master’s degree in economics from the London School of Economics. Quadrilingual fr/ita/ang/all, he has dual Swiss and French nationality.
Press Corner
Beat inflation without recession…the dream!
Let’s stop measuring inflation by household basket alone
Using performance to sell?Never!
There is no inflation in the United States!
AI bubble or no AI bubble?
Japan: this time it’s different… right?
Rate cuts: a little, a lot, not at all?
There’s nothing immoral about short selling