Author's Contributions
Trade deal between USA and China – Update from the Investment Division
What has occurred since yesterday ? The global equity markets closed yesterday in positive territory. The US markets could see gains of ca. 1%. In Europe the gains were ca. 1,5%. In the last days the trade conflict between the USA and China overshadowed the markets once again. However, from that corner came positive news […]
Fiscal- and monetary policies – Update from the Investment Division
What has occurred since yesterday ? Gus Backus celebrated in the 1960s some successes in the German Pop music charts. It is remarkable that in the 50s he also scored two top ten hits in the USA. In the chorus in one of his songs he sings: “Who should pay that, who ordered that, who […]
ECB bond purchases unconstitutional – Update from the Investment Division
What has occurred since yesterday ? Yesterday the German Constitutional Court has ruled that the Asset Purchase Program of the European Central Bank partly violates the German constitution. Via that program bonds of more than two trillion Euros were purchased since 2015 to bring liquidity to the markets and the economy. As the German constitutional […]
„Rough, nice and easy“ – Update from the Investment Division
What has occurred since the long weekend? The song „Proud Mary“was written by John Fogerty, the front man of the rock band Creedence Clearwater Revivial. There are many cover versions of this song. The best known is probably from Tina Turner. That version starts with the line “…we’re gonna take the beginning of this song […]
Losses at beginning of week – Update from the Investment Division
What has occurred since the long weekend? Last week began on a positive note in the markets for risk assets. The US leading index, S&P500, gained 3.6% from Monday to Wednesday. This was triggered by the following positive news: In a study, the drug Remdesivir showed success in treating COVID-19 patients. The US Federal Reserve’s […]
Argentina cries (again) – Update from the Investment Division
Argentina is crying (again): This time not for Eva Peron – but Argentina’s plans for debt restructuring are meeting with resistance. Update from the Investment Division.
Upward trend at the beginning of the week – Update from the Investment Division
At the beginning of the week stock markets continue the upward trend of the previous week and the WTI oil price falls in double digits to a multi-year low. What will we see this week?
Corona and the oil market
The oil market won’t escape the corona virus unscathed either. Within only two weeks, oil recorded its best and its worst day of the millennium so far.
Stock market rally– Update from the Investment Division
What has occurred since yesterday ? Markets Stock markets continued to rally yesterday. Europe was up slightly by 0.65%. USA clearly in positive territory at approx. 3%. Asia is slightly in negative territory as of this morning. The oil price fell back down to USD 20.30 (WTI). Gold remained strong at USD 1720 per ounce. […]
Easter weekend with a difference – Update from the Investment Division
What has occurred since last Friday ? This Easter weekend was quite different compared to other Easter weekends of the past. Even if our countries will be on the forefront to loosen the lock-down over the next months not much could be felt from any resurrection yet. At least the OPEC-countries and their allies including […]
Electricity & Energy – facts & figures
*ESG stands for Environmental, Social and Governance“ – These are the three broad categories according to which companies are examined in sustainable investment. Disclaimer: Forecasts are not a reliable indicator for future developments.
Reduction in Covid-19 deaths – Update from the Investment Division
What has occurred over the weekend ? On Friday and also over the weekend some movement happened in the talks between Russia and Saudi Arabia about possible oil production cuts. After the last talks of OPEC+ about a month ago ended without an agreement between those two countries Saudi Arabia increased the oil production unilaterally. […]
Increasing oil price – Update from the Investment Division
Yesterday the rise in oil prices was particularly noteworthy in the markets. What do rising oil prices mean for the global economy?
Our update from the Investment Division.
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
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
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
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 […]
Father of value investing – Update from the Investment Division
What has occurred since yesterday ? Benjamin Graham focused on fundamental equity analysis and became widely known as the “father of value investing”. Equity should only be purchased at a discount to its fundamental value. In his book “The Intelligent Investor” Graham creates a character called Mr. Market, a fellow who turns up every day […]
Restaurants & petrol stations: how do support measures for the economy work?
We’ve repeatedly reported on monetary and fiscal policy measures in recent weeks. Today we want to show the effect of economic stimulus packages with simple examples.
The ordinary becomes special – Update from the Investment Division
What has occurred since yesterday ? Sometimes the ordinary becomes something special. To prove the validity of this heuristic, we will use the database of our Bloomberg terminal once again. On the 24,060 trading days of the leading US index S&P500 since 1928, the average daily change has been +0.02%. In contrast, for almost a […]
Rollercoaster ride continues – Update from the Investment Division
Rollercoaster ride continues. What has occurred since yesterday? And what will we be observing in the coming days? Update from the Investment Division
Historic decline in US equity markets – Update from the Investment Division
What has occurred since yesterday (17.3.2020)? Yesterday´s update started with the advantages of the Bloomberg terminals and also today we used the huge data base. Yesterday we reported on the ten days where the American equity index S&P500 had its largest losses on the same day. These ten days occurred in six different years: 1929, […]
Living in volatile times – Coronavirus
The update of our Investment Division What has occurred since yesterday In his address to the National Union of South African Students in Capetown 1966 in regards to the US-American civil rights movement Robert F. Kennedy said the following: „There is a Chinese curse that says: “May he live in interesting times” If we want […]
FT Nordic Investor Outlook – Agile Investment in Uncertain Markets
The FT Nordic Investor Outlook 2019 was dedicated to the topic „Agile Investment in Uncertain Markets“. High caliber speakers were discussing China, ESG and Brexit.
Automotive sector Facts & Figures
Read more articles from this issue of our ESG letter here. *ESG stands for Environmental, Social and Governance“ – These are the three broad categories according to which companies are examined in sustainable investment. Legal note: Prognoses are no reliable indicator for future performance.
Global risk – facts & figures
Read more articles from this issue of our ESG* letter here. *ESG stands for Environmental, Social and Governance“ – These are the three broad categories according to which companies are examined in sustainable investment. Disclaimer: Forecasts are not a reliable indicator for future developments.
Climate risks: why we are not adjusting fast enough
The consequences of climate change are becoming clearer by the day. 3 of the top 5 risks for the economy are classified as hailing from the climate category.
Turkey after the local elections
The local elections in Turkey had been built up by President Erdogan to be a test of his policies. What do the results mean for Turkey’s economy?
Alcohol Facts & Figures
Did you know that the fear of an empty glass has a name? Find out what it is and more interesting facts about the topic of Alcohol.
Economic outlook 2019: reasons to remain optimistic
Economic Outlook 2019: There are signs that the world economy will slow down next year. Read here why there are still reasons to be optimistic!
US Federal Reserve with the third interest rate hike this year
The central bankers’ assessments regarding inflation and the labour market are considered important indicators for future interest rate policy. More on our blog.
Information availability and data protection and their impact on society
Interview with Gregor König, Head of Data Protection office Digital providers collect loads of data in the background. They are evaluated/analysed and, more and more often, are used for personalised marketing and/or product/service offers. What is your opinion in this context? Is this beneficial for the user, or is the opposite the case? And what is […]
Back-to-school-season makes summer a second Christmas season for US retailers
US retailers are looking forward to another high-turnover back-to-school-season leading up to the start of the new school year. This time of the year plays an important role in the US and is regarded as the second-strongest sales driver after Christmas season.
Big Data Facts & Figures
Only 0.5% of all accessible data is analyzed and used. More facts about Big Data can be found here.
Financial Markets Monitor June: a lot going on
An Investment Committee again! A month can pass quickly, especially if there is a lot going on in the markets. In light of recent market events (Italy, Turkey, Argentina), I was surprised that our risk stance has not changed since our last Investment Committee meeting. Obviously, it takes a lot to get us out of […]
Plastic planet
79 % of the produced plastic waste are currently spread across the environment or in landfills. More facts about plastic can be found here…