Interview «The Stage is Being Set Where Value Can Outperform Growth Again» New York-based value boutique Tweedy, Browne has been in the business of finding undervalued stocks for more than 100 years. In an in-depth interview, members of the investment team talk about their current picks. Mark Dittli 08.04.2021
Meinung The Private Equity Boom is Outshining Stocks and Cryptos The growth of the venture capital and private equity market is accelerating. It benefited from the downside protection by central banks while offering the most exclusive access to a much higher growth potential. Myret Zaki 08.04.2021
Meinung Strongmen Tech billionaires like Elon Musk and Mark Zuckerberg are aligning themselves with authoritarian governments. Not only are they helping to solidify the power of autocrats like Xi Jinping and Vladimir Putin, but they are also endangering the political freedom of our Western democracies. Anne Stevenson-Yang 05.04.2021
Interview ABB: «We Have Billions of Financial Capacity if Needed» Timo Ihamuotila, Chief Financial Officer of ABB, speaks about the industrial group's growth prospects, President Joe Biden's infrastructure plan, as well as the company's dividend and acquisition policies. Mark Dittli 01.04.2021
Meinung 2020 Was a Fantastic Year for Bank Stocks. Can It Last? The banking sector has enjoyed record profits thanks to the market euphoria created by central banks. What happens next keeps many awake at night. Myret Zaki 25.03.2021
Interview «There is no Commandment That Says Investors Shall Always Get Good Returns» Independent market strategist Gerard Minack expects the end of secular stagnation. The rotation into last cycle’s laggards will continue, while the former leaders will be facing headwinds. Sandro Rosa 18.03.2021
Meinung The Bubble is Just Beginning SPACs are hot, the IPO market is hot, credit markets are hot, commodities are hot, the crypto markets are hot. Everything is hot – only the Consumer Price Index is cold. And that is all that matters for the Fed. Dylan Grice 16.03.2021
Interview «The Big Quake Is Coming» Larry McDonald, founder of the investment research service The Bear Traps Report, expects that the ongoing rotation out of tech stocks will cause tectonic shifts in global financial markets. He is betting on the comeback of value and commodity stocks. Christoph Gisiger 15.03.2021
Meinung A Bubble Acceleration Syndrome Called SPAC Blank-check investing, especially in the technology sector, is encouraged by abundant liquidity. Special vehicles raise funds in a flash and get listed unchecked in the U.S. But some investors question this practice. Myret Zaki 11.03.2021
Meinung Atlantic Crossing The pandemic has permanently changed the economy. So far, super easy monetary policy is camouflaging the negative consequences. Ultimately, however, the markets will have to come to terms with a new reality that holds great opportunities but also unprecedented risks. Tad Rivelle 02.03.2021
Meinung Investors Are Going All In On Disrupters, Overlooking the Social Risks With the big money rushing into tech and digital ventures, investors seem to have forgotten about the high social risks. As Covid-19 accelerates automation, a big employment crisis could be in the making. Myret Zaki 25.02.2021
Interview «We’re Getting Closer to a Breaking Point» David Rosenberg, Chief Economist & Strategist of Rosenberg Research, worries that the surge in bond yields threatens the economic recovery. He warns of the consequences of today’s massive debt volumes and explains why he spots investment opportunities in the commodity sector and in Asia. Christoph Gisiger 22.02.2021
Interview Dylan Grice: «Central Banks are Going to Overcook the Economy» Dylan Grice, co-founder of Calderwood Capital, sees frothiness all over today's financial markets. He thinks valuations in hot sectors like electric vehicles are insane, but he sees investment opportunities in areas like uranium and oil. Mark Dittli 18.02.2021
Meinung Time to Shake up the Swiss National Bank's Monetary Policy The SNB is stuck in an environment of too low inflation. It should adjust its monetary policy to raise inflation expectations, and it should embrace greater frankness about the role of the exchange rate in its policy mix. Stefan Gerlach, Yvan Lengwiler & Charles Wyplosz 17.02.2021
Meinung Dogecoin: What About Twitter’s Role in Market Manipulation? So much was said about Twitter’s role in Donald Trump’s disinformation. But what to say of Twitter’s role in Elon Musk’s Dogecoin operation, lifting an obscure cryptocurrency by 1600% overnight? Myret Zaki 11.02.2021
Meinung The Stage is Set for a Bull Market in Oil At the end of 2019, we recommended exposures in the oil sector. Given the pandemic, it turned out to be a bad call. But the fundamental attractiveness has not changed. Three reasons why the oil price will rise. Dylan Grice 09.02.2021
