Erste Asset Management

Coronacession
Coronacession

Coronacession

The world is in a state of emergency, with the corona pandemic constituting a global health, economic, and financial crisis. The term “Coronacession” has been created as a chimaera of corona and recession. The central question is how deep the emergency runs and how long it will last. The speed of the development is breath-taking. […]

LATEST CONTRIBUTIONS

Positive summary of last week – Update from the Investment Division
Positive summary of last week – Update from the Investment Division
(c) APA-picturedesk

Positive summary of last week – Update from the Investment Division

What has occurred over the weekend? Equity markets had a good week. The US-equity index S&P 500 gained + 10,3%. Also the European markets gained significantly. The EuroStoxx 50 gained 7,5%. A bit negative were the losses on Friday (S&P 500 – 3,4%, EuroStoxx 50 – 4,2%). Volatility in the markets remained on a higher […]

For 3 day win streak – Update from the Investment Division
For 3 day win streak – Update from the Investment Division
(c) APA-picturedesk

For 3 day win streak – Update from the Investment Division

What has occurred since yesterday ? Global equity markets closed yesterday the third day in a row with strong gains. The US leading equity index increased by 6,2%. The European exchanges could see gains of 1% to 3%. The credit risk margins für High Yield Corporate Bonds decreased again considerably. Also on the markets where […]

“Mr. Market” two positive days in a row – Update from the Investment Division
“Mr. Market” two positive days in a row – Update from the Investment Division
(c) unsplash

“Mr. Market” two positive days in a row – Update from the Investment Division

What has occurred since yesterday ? Two positive days in a row on the American stock markets. Something we saw the last time on 11. + 12.2020. Mr. Market was in a good mood over the last two days. After the US-American equity index S&P500 gained almost 9% on Tuesday it increased also yesterday by […]

Bull movement – Update from the Investment Division
Bull movement – Update from the Investment Division
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Bull movement – Update from the Investment Division

What has occurred since yesterday ? Bull movement. Prices of risky asset classes, e.g. equity increased. Of course the question remains if it is just a short, technical upward spurt or a stable base. The reason for the better mood in the market is the agreement in the USA on a USD 2000 billion stimulus […]

Know-How

Sustainability

Gold: the most sustainable commodity in the world?
Gold: the most sustainable commodity in the world?
(c) Fotolia

Gold: the most sustainable commodity in the world?

Guest commentary by expert Ronald-Peter Stöferle The public is still being fed the narrative of gold being a dirty metal. Gold is considered environmentally reproachable because open-pit mining requires enormous volumes of rock to be moved; and in rare cases, mercury is used in the process. Gold is also regarded as soiled in terms of […]

Equities

Bonds