After a furious start to 2023, the stock market has continued to perform well in recent weeks. Major US technology companies continued their upward trend, in some cases gaining more than 30 percent since the beginning of the year. The most recent reporting season...
Jerome Powell has stayed the course. Despite the persistent turbulence within the U.S. banking sector, the U.S. Federal Reserve implemented its tenth consecutive interest rate hike this week. Market participants, who had proclaimed an immediate change of course in...
The demise of the U.S. Silicon Valley Bank and Signature Bank has brought back memories of the Great Financial Crisis of 2008. Collapsing stock prices, crate-dragging Lehman bankers and government officials pleading for prudence dominated the news back then. And...
After a historically poor year in 2022, capital markets got off to a furious start in 2023 with the best January performance of the EURO STOXX 50 since its launch in 1987. There were a number of reasons for the rally: The reopening of the Chinese economy after a...
Capital markets are in for an eventful week. Today, U.S. inflation data for November will be published, before FED Chairman Jerome Powell is expected to announce the last interest rate hike of 2022 in the United States tomorrow. On Thursday this will be followed by...
Since the Great Financial Crisis equities delivered significantly better returns than bonds. Nevertheless, bond prices also rose by an unusual extent. Bond yields fell to historically low levels in the wake of unprecedented interest rate cuts and central bank purchase...
