The future path for Risk Assets for the remainder of the year based on the possible evolution of Coronavirus contagion
Time to look forward
Once again, the fate of financial markets will be determined by what will happen in the USA, both from a monetary and fiscal point of view, but above all by the evolution of the Coronavirus contagion
The price of growth
Over the last few years global economic growth, notwithstanding various rounds of monetary interventions by the major central banks, has been modest and fragile
The year ahead of us
Economic and market outlook for 2020 around the globe
The illusion of control
The role of Central Banks intervention is not as deterministic as market participants believe
Investing in high-dividend stocks: is it still a good strategy?
In recent months, fears over Brexit, tensions related to the US-China Trade War and economic data indicating that Germany is in a technical recession, have kept financial markets under pressure
September.... Here we go again with Central Banks? It won’t be enough since it is the money spent that generates growth and inflation and not money printed
Bonds: a minimum rate reached. After August, which wasn't stable at all, we stopped to analyze the reasons why European equity is always behind and why it might start performing again
Is feeling safe expensive?
Austria 100 Years Government Bond, Nasdaq, trade war between Usa and China: what's next? Probably September and October will offer good opportunities...
Sell in May and go away?
Risk Assets had a complete turn around when the Federal Reserve, during the month of January, changed its tone regarding future monetary policy. Equity markets, in particular, begun a strong rally based on the “assumption” that easier monetary policy would halt the economic slowdown and that, not too much later, synchronized global growth would resume. The bond market was st ...
A Tale of two cities
During the first two months of 2019 the Equity and Bond markets are giving somewhat opposite signals; while on the one hand the MSCI World Index (a proxy for Global Equity markets) has risen +10.7% during the first two months, signalling a second half 2019 economic recovery, the US, German and Chinese 10 year yields have weakened (Picture below). Interest rate markets are indic ...