by Laurent Mander | 15.07.2025 | Market Comment
Open economic areas have been led by “dealmakers” at least since the re-election of Donald Trump as President of the United States. This shift in political style moves away from state care for its citizens and from the global security architecture, where...
by Laurent Mander | 06.05.2025 | Market Comment
Stock market traders are generally regarded as sharply calculating merchants who know their risks. In reality, the majority of them are optimists who make big bets on the future. This is always evident when systemic breaks occur in the capital markets. The most recent...
by Laurent Mander | 07.02.2025 | Market Comment
Globalisation is the result of many countries opening up to free trade and thus exploiting cost advantages, which was used by the countries of the western world in particular to increase their economic growth while keeping inflation low. Following the transition of...
by Laurent Mander | 26.11.2024 | Market Comment
“Political stock markets have short legs” – it is not known who said it, but this stock market adage could usually be relied upon. However, in the current environment, responsible investors should not rely uncritically on this simple truth. In addition to...
by Laurent Mander | 14.08.2024 | Market Comment
Nothing describes the current market situation better than a quote from Warren Buffet from 1986: “What we do know, however, is that occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing...
by Laurent Mander | 29.07.2024 | Market Comment
In recent weeks, the stock markets have remained in a positive mood. In July, indices in both the USA and parts of Europe reached new all-time highs. In the USA in particular, the trend was strongly driven by the growth prospects arising in connection with the...
