In 2025, emerging market stocks confidently<a href="https://www.marketwatch.com/story/how-emerging-markets-stocks-can-keep-trouncing-the-s-p-500-3717fc49"> outperformed</a> US stocks, which was one of the main surprises of the outgoing year. By December 29, the gap in growth dynamics between the MSCI Emerging Markets (judging by <a href="https://finance.yahoo.com/quote/EEM/">the</a> largest <a href="https://finance.yahoo.com/quote/EEM/">ETF</a> following it) and the S&amp;P 500 exceeded 12 percentage points. This is like a "stretched rubber band," says Arjun Jayaraman of Causeway Capital Management: US stocks have significantly outperformed emerging markets for a long time. And now a correction has occurred.

Investor geography: which countries to look to for promising ideas in 2026 

Carel Industries S.p.A.

Avio S.p.A.

Millicom International Cellular S.A.

Interpump Group S.p.A.

ERG S.p.A.

Italian small caps often get overlooked, yet many offer meaningful growth exposure in niches with global demand, from energy and industrial equipment to aerospace technologies. Some companies benefit from large government investment programs, while others are accelerating expansion through active M&amp;A.

Five Italian small caps poised for outperformance into year-end 2025

Enel SpA

Prysmian S.p.A.

Intesa Sanpaolo S.p.A.

DiaSorin S.p.A.

How the country is seeking a balance between debt and growth, and what new sectors will drive the economy in the coming years

"Made in Italy": not only food, fashion and cars - Freedom Finance interview in Italy

Interviewing the most interesting people from the wine world is definitely my favorite part of my job. They may be representatives of famous and fashionable wine dynasties, but it is much more interesting to talk to small producers who make extraordinary wines, preferring the author's approach to mass tastes and trends.

What is the secret of "slow" wine? Says the co-founder of Grawü Farms 

The harvest season has begun! The work in the vineyards is boiling: the success of the entire vintage often depends on when and how to harvest. What has this year been like for winemakers?

Vintage 2025: which regions collectors should pay attention to

The longer I've been involved in wine, the more interesting it becomes to dispel all sorts of wine stereotypes: red to meat, sparkling wine to oysters and other wine prejudices. They often narrow our horizons and limit our choices so much that one can go through life without tasting a sweet ice-cold Asti with truffle chips. But trends are changing.

The sweet truth about sparkling wine: why there's no need to be ashamed of your love of Moscato and Demi-Sec

Italy is an amazing country. A trip there, even for a few days, has more than once cured me of moping, brought back optimism and faith in the beautiful;