Constructive management of asset classes
The first half of 2023 was characterized by impressive strength of global equity markets. Despite the ongoing war in Ukraine, interest-rate hikes on a global scale, inflation and recession concerns, the DAX-40 posted a healthy gain of 16 percent. The technology index...
From sticks to hurdles
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...
End to interest rate hikes in sight?
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...
Simplicity – the basis of successful investments
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...
