CIO Archive

Americas CIO View

By: David Bianco

The winning factors: Will they persist? Clues in earnings season

Hard times and great expectations

Consensus estimates for corporate earnings and economic growth have collapsed since the beginning of the year. Not that you could tell from current share prices.

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How a virus may speed up the energy transition

By: Hamish Mackenzie, Gianluca Minella

What the last few months taught us about winners, losers and survivors in European electricity markets.

Equities still the place to be

By: Klaus Kaldemorgen

Monetary and fiscal packages are driving the markets, but their valuation leaves little room for economic disappointment.

The other looming V-shaped recovery

There are a few reasons to think that unlike the economy, inflation could see a V-shaped recovery.

Investment Traffic Lights

June ends one of the strongest capital-market quarters in decades. But the recovery euphoria is likely to lose momentum now.

Fundamentals are no longer driving currencies

Fundamentals and rate differentials aren’t driving currencies now. Instead their moves reflect the swings in sentiment in global markets.

Sustainable success stories

By: Petra Pflaum

Increasingly, Sustainable Development Goals help drive our global outlook for sector allocation.

Americas CIO View

By: David Bianco

Banks this recession vs. last: from patient to medic

Time for a bit of patience

By: Andre Koettner, Dr. Thomas Schuessler

During the swift rebound since the March lows, equity markets may have gotten a little ahead of themselves.

U.S. Economic Outlook

By: Christian Scherrmann

Positive surprises don't make a fast recovery

Almost back to normal

By: Joern Wasmund

We do not expect much from government bonds for the time being. Our focus remains on corporate and emerging-market bonds.

Too early to predict this recovery's shape

The latest data on retail sales and industrial production paint an inconclusive picture of the U.S. economic prospects.

Americas CIO View

By: David Bianco

More summer dips likely: Stay out of the deep end