Camille de Cousel sees the ECB's July meeting as live but expects a move in September unless energy prices spike. She views the ECB's path as potentially more than two hikes, but not a full tightening cycle. For the Fed, she expects a move to symmetric bias next week, with three hikes starting December, and sees upside risks to yields across the curve.

Fabrice Le Saché says the business community is united on 95% of topics ahead of the G7, raising flags on tariff and non-tariff barriers as a lose-lose game. He expresses frustration that Europe has not done its homework on competitiveness, innovation, and single market integration, while China's overcapacity is a global issue. The transatlantic business dialogue remains positive despite political tensions.

Max Kettner is maximally bullish on equities, seeing the recent dip as a buying opportunity. He argues that structurally higher nominal growth in the US means higher revenue growth, making equities perpetually attractive. He is long US and Asia, ignoring Europe due to its single-factor dependence on geopolitics. He sees survey-based sentiment as not stretched and positioning as not excessive.

Alexander Koch explains that the Swiss vote to cap population at 10 million is unique and binding. If approved, it would significantly slow growth by removing the 0.8% annual immigration-driven population increase. He advocates for soft measures like raising retirement age and increasing female participation, as well as productivity-enhancing AI investment, to address housing and infrastructure pressures without a cap.