Inflation in the US appears to have peaked for the time being. This means that expectations of further significant interest rate hikes by the Fed are slowly disappearing into thin air. In November, this not only boosted the EUR, but above all the stock markets. In Europe and the US, after an initially weak stock market, we saw a significant recovery with a return of 5%-8% for the month.
Check out the November 2022 market update from our CEO, Steffen Bauke, on YouTube.