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Claims

Essentials #2

Clémentine Gallès, Chief Economist and Strategist at Societe Generale Private Banking
+9.4%

Real estate prices in the richest 40 OECD countries rose 9.4% in the first quarter of 2021, the highest rate of increase for 30 years.

Source: OECD - August 2021

$300M

The war in Afghanistan cost the United States the equivalent of $300 million a day over a 20-year period.

*August 2021

700M

In 2020, the most downloaded app was TikTok, with nearly 700 million monthly users around the world. That’s more than Instagram, Facebook and WhatsApp.

Source: App Annie - August 2021

Find out more:

29
Jun
2025
Weekly Update - Mid-year review: outlook disrupted by economic policies
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz...
Economy
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz Economist and Strategist Societe Generale Private Banking.
Weekly Update - Mid-year review: outlook disrupted by economic policies
22
Jun
2025
Monthly House Views - European resilience
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz...
Economy
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz Economist and Strategist Societe Generale Private Banking.
Monthly House Views - European resilience
16
Jun
2025
Weekly Update - Inflation in the United States: no effect of tariffs... For now
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz...
Economy
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz Economist and Strategist Societe Generale Private Banking.
Weekly Update - Inflation in the United States: no effect of tariffs... For now
09
Jun
2025
Weekly Update - Euro area: persistently high lending rates will encourage the ECB to go further
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz...
Economy
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz Economist and Strategist Societe Generale Private Banking.
Weekly Update - Euro area: persistently high lending rates will encourage the ECB to go further
02
Jun
2025
Weekly Update - France: why markets are underperforming those in the euro area
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz...
Economy
By Clémentine Gallès Chief Economist and Strategist Societe Generale Private Banking and Juan Carlos Mendoza Diaz Economist and Strategist Societe Generale Private Banking.
Weekly Update - France: why markets are underperforming those in the euro area