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Strategy Update 1st Quarter 2021

Strategy Update 1st Quarter 2021

03/31/2021 – Just over a year ago, we were in the middle of a severe correction of the markets due to the Corona crisis. At that time, no one knew what impact this would have on all of us. Back then, the question was if or when deflation would follow and how the world could get out of this pandemic.…

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Macroeconomic Comment: Global Economic Recovery

Macroeconomic Comment: Global Economic Recovery

02/16/2020 – The significant economic recovery expected for this year will be delayed by several weeks because the second and in some cases third wave of the pandemic will lead to longer-lasting restrictions while virus mutations are urging a cautious reopening. Nevertheless, the International Monetary Fund (IMF) has revised its growth forecast for the global economy slightly upwards to 5.5%…

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