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09 February
2026
_ NEWS

Forget Big Tech: the real winner of 2026 surprises everyone

The week ending February 9, 2026 marked a change in tone in the financial markets. This was not a......

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02 February
2026
_ NEWS

All true, but not enough at this stage of the cycle.

Welcome to a new episode of the Pharus podcast, Navigating the Markets. I am Stefano Reali, fund......

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28 January
2026
_ NEWS

This is no time for mistakes: the market is selective

In the January 26, 2026 episode of the podcast, Stefano Reali, fund manager at Pharus, describes......

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19 January
2026
_ NEWS

Everything is going well. And that's exactly the problem

In his weekly market commentary, Stefano Reali, fund manager at Pharus, describes the start of 2026......

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12 January
2026
_ NEWS

The market is changing voice, not cycle

The start of 2026 sends a clear but ambiguous message to the markets: the environment remains......

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22 December
2025
_ NEWS

2026: the year that will test expectations

The financial week ended with a rebound in the markets, restoring confidence after several......

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15 December
2025
_ NEWS

Accommodative Fed, AI creaking: the market enters a delicate phase

Nella puntata di lunedì 15 dicembre 2025, Stefano Reali analizza una settimana chiave per i......

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