Quantitative analysis points to parallels between state of equity markets today and markets 17 years agoThere are many similarities between the current period and 1999. Then, just as now, we were in the midst of a technology-led bull market following a housing-related recession, central banks were experimenting with very loose monetary policy, there had been a big drop in emerging markets and commodities in the previous year or so, and we had recently gone through a currency-related crisis...
Read More »Investing in a post-Brexit world
Published: 11th July 2016Download issue:Brexit should not lead to a repeat of the financial crisis of 2007-2008. So argue Pictet analysts and economists in the July issue of Perspectives. Central banks are better prepared and banks are less leveraged. In the last resort, the European Central Bank can be expected to step in again should financial stress noticeably increase in the weeks ahead. Longer term, an ideal post-Brexit scenario for European financial markets would be a renewed push for...
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