Risky asset classes such as equities have recorded price increases at the beginning of the year. The core question for the investor is: Is this recovery after the sharp decline in Q4 sustainable or not?
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After the Brexit vote: 4 scenarios for the British pound
After the British House of Commons rejected the Brexit vote: How will things develop and what are the 4 scenarios for the British pound?
Ten theses for 2019
Read our recent blog post on the ten theses for financial market development in 2019. Is fear of a recession exaggerated?
Market remains cautious
The positive reaction to the agreement between the USA and China on not further escalating the trade conflict for the time being was only short-lived. Risky assets remain under pressure. A number of factors continue to burden the markets.
Financial markets 2018: reasons to be cautiously optimistic
The financial markets have been on the rocks in 2018. Read here why you should still keep a cautiously optimistic stance.
Strong USA, weak emerging markets, risk of inflation – is the economic boom drawing to an end?
This blog entry will discuss three scenarios for the coming quarters and the coming year.
Short-term stabilisation on the financial markets
After several “mini-shocks” throughout the year such as inflationary fears in the USA and a temporary crisis of trust in connection with Italian government bonds, quite a bit of uncertainty has already been priced into the market. Will the current phase, which is characterised by rising share and bond prices and that comes with credit risk be only a short-lived one? Or have the markets generally entered calmer waters?
Market view: Increased uncertainty
The performance of most asset classes in the year to date has been mixed, to put it euphemistically. Is there a common underlying factor? Can we expect to see a better second half of the year?
Italy: slipping into a crisis in confidence
The heightened uncertainty over whether Italy will repay its debts and whether it will remain a member of the eurozone has led to a sell-off in securities. Our chief economist Gerhard Winzer gives an overview.
Rising interest rates in the USA
The sentiment of the financial market participants has deteriorated in the past months, with the losses across numerous asset classes in the year to date seemingly the driving factor. Now we have to ask ourselves: are we at the outset of a new trend, or is this just a case of increased volatility? The general decline in prices has gone in conspicuous tandem with the increase in three important financial market ratios: