THIS AUTHOR'S POSTS

Austrian stock market 2018: Flattish, with room to surprise on the upside
Austrian stock market 2018: Flattish, with room to surprise on the upside
(c) Akos Stiller, Quelle: Wiener Börse

Austrian stock market 2018: Flattish, with room to surprise on the upside

Over the past three years (2015-2017) the ATX, Austria’s main equity index, posted an annual return of more than 16%, making the Vienna Stock Exchange the best performing European stock market (or second best, if Eastern Europe is included).

Global stock markets: Break, correction or worse?
Global stock markets: Break, correction or worse?
(c) iStock

Global stock markets: Break, correction or worse?

The probability that there is another leg up for global equity markets is bigger than a significant correction in the near-term. However, there are no guarantees when it comes to investments in stocks in contrast to, as somebody said, the purchase of a vacuum cleaner. In case that the earnings momentum is cooling down or, for example, the macro-backdrop deteriorates, an extended period of equity markets going sideways or a correction cannot be excluded.

Equity investors: Are they ignoring risks?
Equity investors: Are they ignoring risks?
© iStock.com

Equity investors: Are they ignoring risks?

The year 2016 was full of surprises. It was, for example, the year, when an outsider overcame odds of 5000 to 1 to win the Premier League. It was also the year, when the lyrics of three-minute pop songs were acknowledged to be an art form worth the Literature Nobel. Most importantly, however, politics in the Western hemisphere surprised big time with the vote for Brexit and the election of Donald Trump as the next US president.