Review - Geopolitics driving market correction The past quarter told a story of resilience and excess in equal measures. Markets staged a strong comeback after the sharp sell-off in March triggered by the outbreak of war in Iran. Following ten weeks of fighting, a tentative peace agreement brought the conflict to a close, and crude oil prices fell from a peak of $120 per barrel to below $70, removing one of the year's most acute sources of risk. Most major equity indices reco

Review - Geopolitics driving market correction Equity markets started the year on an optimistic note. We have seen gains on global equites and a continued rally in precious metals. At the end of February, the sudden bombing of Iran by the U.S. and Israeli armed forces led to a pullback in major markets bringing year-to-date returns to negative territory with the S&P 500 (-4%), Nasdaq 100 (-6%), the German DAX (-7%), the Swiss Market Index (-2%) all losing ground. This current

Review - New Highs in World Equity Markets and Dollar weakness For the third consecutive year, above-average returns were seen in all major equity markets. The year started cautiously in the first quarter, and we still remember the "Liberation Day" selloff in April, which caused a massive spike in market volatility not seen for years. However, equity markets turned around once it became clear that U.S. tariffs would be less dramatic than initially announced. Corporate profits

Review - Smooth road into new Highs The past three months were marked by an unusually subdued level of volatility across financial markets, coupled with a steady and uninterrupted advance in U.S. equities. The S&P 500 gained a further 7%, while the Nasdaq Composite surged by almost 11%, with both indices not only extending their year-to-date rallies but also reaching fresh all-time highs - a testament to the resilience of investor sentiment despite lingering macroeconomic and

Review - Rollercoaster Markets in the 2nd Quarter After witnessing one of the fastest bear markets in history, in which the S&P 500 index fell by 21% in just seven weeks, we saw a complete recovery in less than three months. On June 30, the S&P 500 hit a new all-time high.

The anxiously awaited ‘Liberation Day’ has shaken world financial markets and the US dollar has sold off like rarely ever before. Sceptics are afraid that the higher-than-expected new tariffs, announced by the White House, will temper growth around the world and counter-tariffs by US trading partners will most likely contaminate international relations even more. Growth and inflation outlooks have been negatively impacted any several large banks are now forecasting a recessio