Wake-Up Call from Soaring Commodity Prices? Asset-Light Business Models in Focus
In a market environment unsettled by escalating Middle Eastern tensions and the strategic blockade of the Strait of Hormuz, institutional investors must fundamentally recalibrate their frameworks. While the beginning of the year saw a pronounced sector rotation—with...
US Dollar – yes or no?
The global monetary architecture is currently navigating one of its most volatile phases since the Second World War. In 2025, a double-digit depreciation of the US Dollar against the Euro marked a preliminary flashpoint of mounting political and fiscal uncertainty....
Managing geopolitical risks
Donald Trump continues to move capital markets. With the arrest of Venezuelan President Nicolás Maduro by US special forces and the demand to buy Greenland – under threat of massive punitive tariffs against European NATO allies – the US administration has ushered in a...
Japanese storm clouds in the shadow of the technology hype?
Nvidia has cemented its dominant market position and significantly exceeded analysts’ expectations in the third fiscal quarter ending October 2025. With revenues of USD 57 billion, the result was more than USD 2 billion above analyst expecations. The revenue...
