Erste Asset Management

3 results for "Monthly archive:February 23, 2017"

Monthly archive:February 23, 2017

Fragile bull market
Fragile bull market
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Fragile bull market

It is as difficult to remain invested in a bull market as it is to leave a bear market. After all, investors are risk-averse. Taking into account the four most important categories for the assessment of the attractiveness of asset classes – valuation, liquidity, positioning, and growth – one would conclude that the most important driving factor for the markets builds on the last one.