Cedric Gemehl
Europe Analyst
After graduating with a degree in social sciences from the University of Paris Dauphine, Cedric studied economics at the Goethe University in Frankfurt. Cedric returned to Paris Dauphine, where he obtained an MSc in international economics. After interning at OECD, Cedric joined Gavekal Research in 2014 as an analyst focusing on European economies and financial markets. He speaks French, English and German, and drinks both French wines and German beers.
For Cedric's article archive click here.
The Daily
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Gavekal Research
July 27, 2018
Stabilizing, Not Slumping
After a rocky first half of the year, in which a clutch of key indicators deteriorated steeply, recent signs indicate that eurozone growth is stabilizing rather than rolling over. Without doubt, there are still formidable downside risks.
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Gavekal Research
July 23, 2018
What US Auto Tariffs Would Mean For Europe
Last week’s public hearings in Washington heard a chorus of industry opposition to the US administration’s proposed import tariffs on cars and car parts. But in Europe at least, markets appear to be coming around to the view that the tariffs will go ahead regardless.
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Gavekal Research
July 17, 2018
Allez Les Bleus!
A year into Emmanuel Macron’s presidency, the French have finally invaded the streets in huge numbers. It was not, however, to man the barricades and defy his reform agenda, but instead to engage in a massive national celebration after Les Bleus won their second football World Cup in 20 years.
Ideas
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Gavekal Research
August 6, 2018
When Non Means Non
The UK government is on the offensive trying to sell a “Chequers” plan that would leave it with a semi-detached trading and administrative relationship with the European Union. The negotiating position, has won few plaudits at home, and over the last week got a courteous, but non-committal response on the continent.
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Gavekal Research
May 31, 2018
Whether To Buy Italy (And The Euro)
On Wednesday, Louis argued that the Italian president’s rejection of a proposed coalition finance minister was “worse than a crime, a mistake”. Anatole and Cedric are not so sure. In this paper they examine the two conditions—one political, one financial—that will signal a major buying opportunity in Italy.
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Gavekal Research
May 16, 2018
The Next Phase Of Eurozone Reform
During last year’s French presidential election, Emmanuel Macron opened a debate by asking “what do we want to do with the euro?” His answer was more political integration and burden sharing.