Private wealth Archive

Q4 Outlook: Further Caution is Advised

Even though the short-term recoveries on the stock markets may suggest it – the markets remain volatile, and, in our view, investors’ portfolios should be defensive until further notice. In view of increasing inflationary pressure, the central banks (especially the ones in the USA and Canada) are expected to…

Is the party over? A correction on the markets is becoming increasingly likely

After the enormous price increases, the stock market lights are yellow red. And this is not because, statistically speaking, the stock market months are now tending to be rather weak. Corporate earnings momentum is flattening out, the Corona Rally is over. The excessive, sometimes hectic measures to accelerate the economy…

Is the party over? A correction on the markets is becoming increasingly likely

Stock markets: Sell in May and go away?

The global stock prices, and with them corporate valuations, have reached further record levels. Within the segments, the winners take turns again and again, sometimes it is large or small-cap technology stocks, then again cyclical industrial stocks or even retail and consumption. Good fundamental data from China, positive labor market…

A Rise in Interest Rates Signals Economic Optimism and Fuels Fear of Inflation

In the last article, we briefly discussed the important balance between stock and bond markets. In the meantime, capital market interest rates have become noticeably more expensive. One of the world’s most important seismographs, the yield on 10-year US treasuries, rose to about 1.6%. Ultimately, this is nothing more than…

2021: Growth

The Capital markets made a strong start to the new decade. A new US president spreads optimism and disposes of a relatively high potential to reshape internal and external politics. Numerous economic indicators such as industrial production, new orders and the number of foreign investments, signal a strong upswing for…

With optimism in the new year

One of the most turbulent years in modern history is coming to an end. The Pandemic has left huge scarves on many who have lost loved ones or struggled with their personal or professional livelihoods. While this applies to all facets of life, the lockdown’s impact on investors has been…

The Stock Markets Before and After the US Elections

It is just 3 weeks until the US Elections. Despite the devastating polls for the former “stock market darling“ Donald Trump, the markets continued to grow. The markets seem to be gaining acceptance that even though an election of Joe Biden might mean a retreat from previous deregulations and tax…

Stock Markets Develop Immunity Against Corona

It reads like a total contradiction: A more and more spreading pandemic with further drastic economic downturns, while the equity indices are targeting old or even new highs. Not really, when you look at the underlying market drivers: Huge support programs by the respective Governments for various parts of their…

Thoughts about the time after Corona

The world is in the grips of a virus, concerning policy, economy and socio-economics. It is a time full of uncertainty and contradictions where, under a state of emergency, elected representatives are ruling and taking measures based on scientific assumptions and the preeminence of health. But every crisis also constitutes…