Americas CIO View

Amazing S&P 500 net profit margins: 12% overall and 24% at tech.

Read article

Equities Overview

Further articles

Mar 05, 2021

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 Macro

Investment Traffic Lights

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

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.
See all articles

CIO View

Cookies Policy

This website uses cookies in order to improve user experience. If you accept, we will assume that you are happy with this. For more information about the cookies we use or to find out how you can change your settings, see our Cookies Notice.
Accept All Cookies

Other country

Other country