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December 16, 2024

Global | Tariffs, a trade instrument or a covert financial strategy?

Both Mario Draghi in Europe and Donald Trump in the United States support the increase in tariffs on Chinese imports, but with objectives that seem to reflect different historical conceptions of the wealth of nations.

August 23, 2024

Spain | Wealth: another housing issue

Wealth stagnation may be influencing consumption and investment decisions. The recovery of prices in the real estate sector will help to improve the trend. However, the concentration of wealth in housing has negative externalities.

June 17, 2024

Spain | Consumption shackles growth

Several institutions, including BBVA Research, have upgraded their GDP expectations for Spain. However, different factors are limiting the growth of private consumption.

February 20, 2023

Spain | And then it was gone

Household net financial wealth fell in real terms in 2022. The nest egg built up during the pandemic diminished dramatically during the year, potentially capping growth in domestic demand going forward.