Investment Traffic Lights

By: Björn Jesch

Our monthly market analysis and positioning

Is the Swiss franc about to weaken at last?

Since the financial crisis the Swiss currency has trended relentlessly higher against the euro. But recently the first signs of weakness have appeared

Value vs. Growth

By: Björn Jesch

Strong performance of the "Magnificent Seven" has pushed value stocks into the background - wrongly so?

India’s time to shine?

The recent gyrations of Indian small caps should not detract from the country’s equities longer term appeal.

Small caps ready for a comeback

By: Björn Jesch

The magic of some mega cap stocks and the headwind of rising interest rates have had quite an impact on small caps since 2022. But the wind is slowly beginning to shift.

AI must fix it

By: Björn Jesch

No economic slump, falling inflation and the first interest rate cuts. Not a bad environment for capital investments, especially bonds. AI must deliver soon for equities.

Our forecasts

All forecasts at a glance

Americas CIO View

By: David Bianco

New S&P 500 target of 5300: A.I. lives and it needs food and shelter

Americas CIO View

By: David Bianco

The end of macro?: Some companies are so big they are the macro

Investment Traffic Lights

By: Björn Jesch

Our monthly market analysis and positioning

Americas CIO View

By: David Bianco

Equity wealth and inflation: What would Milton Friedman say?

Investment Traffic Lights

By: Björn Jesch

Our monthly market analysis and positioning

Americas CIO View

By: David Bianco

2024 Outlook: Long live this faint cycle or bumps toward a new one?

Investment Traffic Lights

By: Björn Jesch

Our monthly market analysis and positioning

Europe's small stocks deserve a bigger role in our view

For two years Europe's small caps have been lagging blue chips, despite good earnings and very low valuations. This might change in 2024.