Improved growth prospects for China and Europe and hopes of a sustained decline in inflation have supported the markets since the beginning of the year. However, sharp central bank rhetoric and weak growth indicators in the USA could prove to be spoilers.
At present, indicators on inflation and economic activity are competing to determine which of the two categories is more important for the financial market. Read more in the current market commentary by Chief Economist Gerhard Winzer.
After a three-year pandemic break, the technology industry returned to the renowned electronics trade show CES in Las Vegas. The dominant topics were artificial intelligence and virtual reality. However, extensive staff reduction programs at major tech companies also made headlines recently.
Despite uncertainties, the stock and bond markets got off to a friendly start in the new year. In the USA, economic data recently surprised on the upside. Is the situation better than the mood?
The previous year was marked by unexpectedly high inflation and rapid key interest rate hikes – but what will the new year bring?
In his article, Chief Economist Gerhard Winzer presents ten topics that could be particularly relevant for the financial markets in 2023.
In the past year, numerous trouble spots preoccupied the markets. In his market commentary, Gerald Stadlbauer, Head of Discretionary Portfolio Management, gives an outlook on what 2023 might bring.
The turn of the year marked the end of a difficult and lossy year on the stock markets. After two years of Corona pandemic, 2022 was dominated by Russia’s invasion of Ukraine, with many stock exchanges suffering double-digit losses.
Hardly any journalist like Christian Wehrschütz has been dealing so intensively with the background of the Ukraine war for years. In an exclusive interview, the ORF correspondent gave us insights into daily life in the midst of a war. He does not currently see a solution to the conflict in the near future.
There is no perfect solution to solve our energy problems in the long term, explains Walter Hatak, Head of Responsible Investments. But instead of burying our heads in the sand, we should be able to choose the best possible alternative, take the future into account in our planning, and learn from past mistakes.
The Inflation Reduction Act is designed to get the US back on track in terms of climate protection. What will the law achieve and who could benefit from it? Senior Research Analyst Stefanie Schock addresses these questions in her article.
