Insights

U.S. productivity is rising, but workers’ pay is not keeping up with inflation. That makes the latest data more difficult to read.

Our CROCI analysis highlights the importance of valuation assumptions

Recent growth figures, leading indicators and financial market signals suggest that Germany's economy is performing better than prevailing sentiment implies.

Mother of all profit cycles vs. secular climb in yields

The monthly Investment Traffic Lights provide a detailed market analysis and our view on developments in the main asset classes. 

The shift from guidance to judgment.