Global CIO View

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

How the precious metal behaves relative to the S&P 500 across different market phases

When prices jump, households adjust fast. Their expectations do not.

Taking a closer look at what’s happening in BDCs

Decades of efficiency and electrification have defanged a once-feared macro risk — even as Middle East tensions keep markets jumpy.

In light of the very dynamic market environment these forecasts are subject to change at any time.