The German economy slipped into a technical recession in the first quarter. What does this mean for the largest economy in the euro zone and what is a technical recession?
“Brinkmanship” – Agreement on Debt Ceiling
The representatives of the Democrats and the Republicans have reached an agreement in the dispute over the debt ceiling in the USA. The cap of $31,400 billion is to be suspended until 2025. Subject to approval in the House of Representatives and Congress, the agreement is positive for the financial markets. However, another effect could weigh on the markets further down the line.
Investment View | May 2023
What’s happening on the markets? In our Investment View, the experts of our Investment Division regularly provide insights of current market events and their opinion on the various asset classes.
Fund savings plans: investing sustainable with “green” equities
If you have a long-term horizon when it comes to saving, you can lay the foundation for a comfortable capital stock with small, regular amounts – and invest in “green” topics at the same time.
Global growth is likely to cool significantly in the second quarter. At the same time, recession risks remain uncomfortably high, as Chief Economist Gerhard Winzer writes in his market commentary. The further course of negotiations on the US debt ceiling is also likely to cause tension on the market.
A tale of two volatilities
The volatility of bonds has increased significantly and is clearly higher than that of equities. What are the reasons for this difference in development?
IT-Giants focus on Artificial Intelligence
The cloud business of the leading tech companies continues to boom. However, many see the future primarily in the potential applications of artificial intelligence. With billions in investments, Google parent Alphabet and software giant Microsoft want to take a leading role in the trendy topic of AI.
Markets in a wait-and-see mode
How much longer will the sideways trend on the stock markets last? Negative and positive factors balance each other out. One unresolved issue among many is the U.S. debt ceiling.
“A mild economic downturn has already been priced in by the market”
With the ERSTE REAL ASSETS mixed fund, investors can invest in real assets – and have indeed been doing so for two years now. On the occasion of the fund’s two-year anniversary, Philip Schifferegger, fund manager of ERSTE REAL ASSETS, is taking a look at the current market situation. He also explains why the fund is well equipped for both positive and negative market phases.
“The demand for affordable housing remains high”
ERSTE IMMOBILIENFONDS is celebrating its 15th anniversary this month. The portfolio now comprises 85 properties in 10 cities with real estate assets of around EUR 2 billion. In this interview, Peter Karl, CEO of ERSTE Immobilien KAG, talks about the development of the fund and the challenges on the real estate markets in the face of rising interest rates and high inflation.