Gateway to Europe

By: Vincenzo Vedda

Europe’s investment renaissance

10 themes for the year ahead

Which investment themes could be relevant for 2026? An overview of all 10 themes.

10 Themes - #1: European infrastructure as an important foundation of sovereignty

Energy, digitalization and the transport sector are the focus.

German construction industry is divided

Although Germany’s residential construction is weak, other construction sectors, such as civil engineering and specialised construction remain robust

Americas CIO View

Not your father’s stagflation: It’s a virtual reality

Just Go with the Flow

By: Johannes Muller, Robert Bush

"Be greedy when others are fearful, and fearful when others are greedy" - Warren Buffett

Market backdrop: Good, with “ifs” and “buts”

Benign, for now: Our forecasts for the next 12 months

Frank Kelly’s Geopolitical Week Ahead | September 7, 2025

By: Francis (Frank) J. Kelly

France’s government faces a tough no-confidence vote, Japan’s prime minister resigns, Brazil’s former president faces prison, the ECB meets on interest rates, U.S. crypto legislation & regulatory roundtable, and Fed nominee Miran’s surprise move.

U.S. real yields: Is the trend turning downward?

Whether or not there will be a reversal in the trend depends on the development of long-term inflation and whether the Federal Reserve manages to maintain its credibility

Frank Kelly’s Geopolitical Week Ahead | August 31, 2025

By: Francis (Frank) J. Kelly

Trump’s tariff deals in doubt.

Germany's gas storage lags seasonal average

69% capacity trails decade average as post-Russian supply model prioritizes flexibility over early stockpiling

Optimizing Life-Cycle Strategies for Savings Plans

By: Dr. Sebastian Kring

A Practitioner’s Perspective

Gold-oil ratio at a five-year high

Does the historically high gold-oil ratio once again indicate a major macro shift?

Frank Kelly’s Geopolitical Week Ahead | August 17, 2025

By: Francis (Frank) J. Kelly

Trump hosting an extraordinary meeting with Ukrainian president and six European leaders, Israel poised to approve a controversial new West Bank housing plan, China seeks a deal with India on their border dispute, and global central bankers converge on Jackson Hole.

Why U.S. growth is likely to slow

At least in terms of its demographic outlook, the U.S. is already well on its way to becoming far less exceptional than it was just a few years ago.