INSIGHTS AND DOCUMENTS

UPDATES FROM THE FINANCIAL WORLD

Global View

THE WORLD WE KNEW

The era of zero or sub-zero rates is finally coming to an end after nearly a decade of implementation. The official announcement by the ECB that rates in September will be at or above zero, as well as the SNB's surprise move to raise Swiss official rates by 50 basis points (from -75bps to...

Global View

BEWARE OF QT

The start of 2022 was one of the worst in the last century, with MSCI World (equity) and Barclays Global Aggregate (bond) indices at -13.3% and -11.6%, respectively, in dollar terms as of last Friday.

Global View

FED-ACHE

Despite the streak of near-record weekly losses and oversold conditions, Fed and other central bank officials have maintained their hawkish stance

Monthly Frontier Markets Report

STRATEGY PROFILE - APRIL

Global View

Q1 2022 EARNINGS SEASON MONITOR

At the time of writing, around 60% of developed market corporates have reported Q1 earnings, thus far showing a general positive surprise on both sales and earnings. Considering the severe correction affecting the major global equity indices, and particularly US indices, it is important to...

Global View

AFTER THUNDER COMES RAIN

As elaborated in previous commentaries, over the past weeks central banks around the world, particularly the Federal Reserve, have been outspoken in warning markets that they would raise interest rates substantially in the near future. However, until recently the market has continually snubbed...

Global View

DON'T FIGHT THE CENTRAL BANKS

"Don't fight the Fed" has always been one of the most established market mantras.

Global View

STRENGTH OR DENIAL?

Here we go again. From mid-March through the second half of 2021, financial markets have snubbed all the headwinds and continued to rise unafraid. Neither the first major war in nearly 80 years, nor the raging inflation or a hawkish Fed were able to convince investors to be more cautious.