Global CIO View

Economists expect gradual cuts. Markets see a less comfortable possibility: resilient growth and persistent inflation could force the Fed to raise rates again.

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

A numerator vs. denominator race at beta, alpha has no style

A numerator vs. denominator race at beta, alpha has no style

A changing gas market may be making gas storage levels a less reliable guide to winter risks. Still, there are good reasons to worry about upcoming heating bills.

Status Quo of Artificial Intelligence (AI) Adoption in Asia