Inflation

US climate spending – How does it reduce inflation?
Billions of dollars are set to be allocated to bolstering US infrastructure under the Inflation Reduction Act, a belated but...

MARKET UPDATE 11.08.2022
Weekly market update – Will recession risk stay the central banks’ hands?
Global central banks have been tightening policy aggressively to slow decades-high inflation, sparking concerns of an impending economic recession. While...

ASSET ALLOCATION
Asset allocation highlights – Expectations out of line
Given that the current downturn really is global, we are struck by the gap between optimistic equity analyst views and...

MARKET UPDATE 28.07.2022
Weekly market update – Worrywarts may yet smile
Investors have oscillated between worries about recession and inflation over the course of the year. This has made it difficult...

INVESTMENT OUTLOOK
Mid-year outlook takeaways – Chronicle of a recession foretold
Investor surveys, and now the US yield curve, indicate a high likelihood of a recession in the US. The question...

MARKET UPDATE 14.07.2022
Weekly investment update – The credibility of the US Fed and a 100bp rate rise
US recession concerns are mounting, but still high inflation is underscoring the wide consensus among US policymakers for tightening up...

Asset allocation video – Recession: The numbers say ‘soon’. Or do they?
Expectations are rising that a recession is around the corner, but current economic conditions do not correspond with that outlook:...

MARKET UPDATE 07.07.2022
Weekly investment update – Post Fourth of July blues
First-half returns on equities and bonds were frankly disastrous. Furthermore, establishing a reliable scenario that can stand the test of...

MARKET UPDATE 30.06.2022
Weekly investment update – What’s the word?
Two words have battled for supremacy in investors’ minds over the course of the year: ‘Recession’ and ‘inflation’. The higher...

Asset allocation video – Taking risk off the table
Higher yields, worries about rising inflation and slowing growth, and the prospect of more - and larger - US rate...

MARKET UPDATE 16.06.2022
Weekly investment update – Twists and turns
Last Friday, after the latest inflation US data, everything seemed clear already: Higher-than-expected inflation in May would lead the Federal...

Covid-driven pressures keep US house prices high in 2022
Several factors will likely keep US house prices on an upward trajectory this year. Still low mortgage rates as well...