Fast zwanzig Jahre stand er im Sold der Schweizer Grossbank Credit Suisse. Im November 2023 schied er aus und nahm sich mit seiner Familie eine Auszeit. Nun meldet er sich zurück und steigt als Gesellschafter bei einer Schweizer Privatbank ein, die der frühere Wegelin-Bankier Konrad Hummler präsidiert, wie Recherchen von finews.ch zeigen.
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Chancen stehen gut für Zinssenkung der SNB im März
Das monatlich von der UBS unter Finanzanalysten erhobene Stimmungsbarometer CFA Indikator hat im Februar einen deutlichen Dämpfer erhalten. Er ist zwar immer noch positiv, aber insbesondere mit Blick auf die US-Inflation auch von Sorgen belastet. In der Schweiz wird im März mit einer Zinssenkung gerechnet.
Read More »The Trump 2.0 Put: Got Bonds?
During Donald Trump's first term, some investors bought into the Trump 1.0 Put. The trade was based on the market's belief that Trump believed the stock market's performance was a referendum on his presidency. Accordingly, investors thought that Trump would do everything he could to backstop the stock market if it fell. Thus, some investors thought it worthwhile to sell puts, collect the proceeds, and sit back comfortably, not fearing losses. According to a...
Read More »The Trump 2.0 Put: Got Bonds?
During Donald Trump's first term, some investors bought into the Trump 1.0 Put. The trade was based on the market's belief that Trump believed the stock market's performance was a referendum on his presidency. Accordingly, investors thought that Trump would do everything he could to backstop the stock market if it fell. Thus, some investors thought it worthwhile to sell puts, collect the proceeds, and sit back comfortably, not fearing losses. According to a...
Read More »«Fixed Income: Steuerung der Zinssätze wichtiger als Steuerung des Kreditrisikos»
«Die ersten Wochen im neuen Jahr haben gezeigt, dass die Strategien, die 2024 Wunder gewirkt haben, nun möglicherweise nicht mehr greifen», schreibt Ken Orchard, Head of International Fixed Income bei T. Rowe Price.
Read More »Deutschland: Moody’s mahnt
Das Wahlergebnis ist für die Schuldnerqualität Deutschlands nur leicht positiv, sagt die Ratingagentur Moody's. Und sie mahnt, dass eine neue Regierung die strukturellen Probleme anpacken muss.
Read More »Behavioral Economics: Managing Your Inner Voice
The combination of extremely rich equity valuations, high interest rates, and a new President taking bold actions will likely continue to whip stocks around for the foreseeable future. Alongside those volatility-provoking factors is that the S&P 500 just posted two annual twenty-plus percent gains in a row. Accordingly, seeing average or below-average returns this year and volatility spikes should not be surprising. If we are correct about volatility, it's...
Read More »Behavioral Economics: Managing Your Inner Voice
The combination of extremely rich equity valuations, high interest rates, and a new President taking bold actions will likely continue to whip stocks around for the foreseeable future. Alongside those volatility-provoking factors is that the S&P 500 just posted two annual twenty-plus percent gains in a row. Accordingly, seeing average or below-average returns this year and volatility spikes should not be surprising. If we are correct about volatility, it's...
Read More »The New GOP-Organized Labor Alliance Will Not Help the Working Class
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....
Read More »The New GOP-Organized Labor Alliance Will Not Help the Working Class
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....
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