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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## **Slow food** for thought Insights and research on global events shaping the markets - [All](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) - [investing](https://blog.syzgroup.com/slow-food-for-thought/tag/investing) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thought/tag/market-outlook) - [Weekly Equities](https://blog.syzgroup.com/slow-food-for-thought/tag/weekly-equities) - [geopolitics](https://blog.syzgroup.com/slow-food-for-thought/tag/geopolitics) - [Crypto](https://blog.syzgroup.com/slow-food-for-thought/tag/crypto) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thought/tag/swiss-perspectives) [Focus|](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) [Weekly Equities](https://blog.syzgroup.com/slow-food-for-thought/tag/weekly-equities) #### [Swiss equities, US tariffs, and the threat of lower drug prices](https://blog.syzgroup.com/slow-food-for-thought/swiss-equities-us-tariffs-and-the-threat-of-lower-drug-prices) Switzerland’s early August brought tough trade and political blows, yet its equities have proven surprisingly resilient. **[Gaël Combes](https://blog.syzgroup.com/slow-food-for-thought/author/gaël-comb)** | 15/08/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### ["Chance, wisely used, beats luck"](https://blog.syzgroup.com/slow-food-for-thought/chance-wisely-used-beats-luck) Some people win the lottery once. Joan R. Ginther won it four times. It’s a story that defies everything we think we know about luck, probability, and randomness. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 12/08/2025 [Focus|](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) [Weekly Equities](https://blog.syzgroup.com/slow-food-for-thought/tag/weekly-equities) #### [Magnificent 7: the clue is in the name](https://blog.syzgroup.com/slow-food-for-thought/magnificent-7-the-clue-is-in-the-name) wrapping up the Q2 earnings season **[Jakub Dubaniewicz](https://blog.syzgroup.com/slow-food-for-thought/author/jakub-dubaniewicz)** | 11/08/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Electric vehicles: why America is suddenly slowing down](https://blog.syzgroup.com/slow-food-for-thought/electric-vehicles-why-america-is-suddenly-slowing-down) Electric vehicles were surging, until Washington abruptly hit the brakes. Now the US faces a precipice in its adoption curve. Will it recover or fall behind? **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 05/08/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [10 surprises 2025: mid-year review](https://blog.syzgroup.com/slow-food-for-thought/10-surprises-2025-mid-year-review) At the end of 2024, we identified 10 potential events and surprises likely to impact financial markets and the global economy this year. These are not forecasts, but potential macro-economic, geopolitical or market events that are not anticipated by the financial markets. As these developments unfold, their implications could ripple across asset classes, reshaping investor expectations and global economic dynamics. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 29/07/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Robotaxis, one step closer](https://blog.syzgroup.com/slow-food-for-thought/robotaxis-one-step-closer) Tesla robotaxis are now common in Austin, but frequent mishaps show the tech still lags behind Alphabet’s safer, fully driverless Waymo, already operating in multiple US cities. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 22/07/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [A deep dive into Circle & stablecoins GENIUS Act](https://blog.syzgroup.com/slow-food-for-thought/a-deep-dive-into-circle-stablecoins-genius-act) Circle’s rapid rise as a stablecoin issuer, highlighted by a record-breaking IPO and expanding institutional adoption, mirrors a broader shift toward regulated digital finance. The GENIUS Act, passed in June 2025, reinforces this momentum by introducing strict standards for transparency, reserves, and consumer protection, positioning stablecoins as core components of the future financial system. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 01/07/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Are stablecoins about to upend the Visa & Mastercard duopoly? Not so fast...](https://blog.syzgroup.com/slow-food-for-thought/are-stablecoins-about-to-upend-the-visa-mastercard-duopoly-not-so-fast) Visa and Mastercard dominate credit card transactions, charging US merchants significantly higher fees than elsewhere. Unsurprisingly, US merchants are desperate to escape these hundreds of billions in costs. **[Gaël Combes](https://blog.syzgroup.com/slow-food-for-thought/author/gaël-comb)** | 27/06/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [China’s rare earths: the winning card in the US-China trade war](https://blog.syzgroup.com/slow-food-for-thought/chinas-rare-earths-the-winning-card-in-the-us-china-trade-war) As global competition intensifies, China’s dominance over rare earth elements has become one of the most potent tools in its geopolitical arsenal. By controlling the extraction, refining, and global supply chains of these critical materials, Beijing holds extraordinary leverage over key sectors like defence, clean energy, AI, and electric vehicles, forcing the West into a high-stakes race to reduce its dangerous dependency. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 24/06/2025 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Holcim: the imperfect split](https://blog.syzgroup.com/slow-food-for-thought/holcim-the-imperfect-split) On 23 June 2025, Holcim will separate into two distinct entities: Amrize and Holcim. Shareholders will receive one share of Amrize for each share of Holcim held (1:1 ratio). Amrize will comprise Holcim’s North America operations, while the remaining company—Holcim (RemainCo)—will retain all assets and operations outside the United States and Canada. **[Gaël Combes](https://blog.syzgroup.com/slow-food-for-thought/author/gaël-comb)** | 18/06/2025 [❮](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/9) [8](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/8) [9](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/9) [10](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/10) [11](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/11) [12](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/12) [❯](https://blog.syzgroup.com/slow-food-for-thought/tag/focus/page/11) ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. 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