Our latest insights on the markets.
April – Inflation Return
Another month, another record high. It seems there is no stopping the developed market indices. In three months, equities have generated the performance of what could typically be called a good year.
The Fed acts when it must, the ECB when it can and the SNB when it wants
Another month, another record high. It seems there is no stopping the developed market indices. In three months, equities have generated the performance of what could typically be called a good year.
Nvidia or Bitcoin, place your bets!
If you thought January was a good enough month, fasten your seatbelt, because February took us on another uphill ride. A lot of that outstanding performance comes from excellent corporate results, and the rather positive forward guidance that seem to exclude any sort of recession.
The show must go on…
For the time being, investors seem to be in risk-on mode if the recent Bank of America poll, which shows that the US stock optimism is at its highest level since 2021, can be trusted.
Quick recap of 2023
What everyone got wrong coming into 2023 was the forecast of an unavoidable hard landing of the US economy, which later turned into a soft landing to finally no landing. This story may just be postponed by a year according to some strategists.