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Mar 05, 2021 Currencies

Can the Fed still put the brakes on cryptocurrencies?

How much longer will central banks and regulators watch the rapid growth of cryptocurrencies? Measured against the U.S. money supply, they are already astonishingly large.
Mar 03, 2021 Global

Investment Traffic Lights

Rising (real) yields spooked markets in February. The risk is not over, but we consider it transitory.
Mar 01, 2021 Global

Heading for some kind of normality

The economy is starting a new cycle while capital markets are showing typical late-cycle characteristics. Overall, this makes us optimistic.
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