China’s economic downturn
Teaser: China is again in the headlines with fears of lower growth– this will happen for sure, but the long-term change in consumption in China becomes a much greater challenge. On January 2nd, Tim Cook, CEO of Apple, warned about declining earnings due to lower sales in China. Since then, a new fear for China’s... Read More →
Middle-class beats high tech II
Teaser: A global long-term development, or mega trend, appears to have accelerated through 2018 and the speed currently continues, opening-up new opportunities. During the recent years, I, among many investors, have experienced what I call the “Tesla syndrome”- where the appetite for high tech and so-called innovative companies has been outspoken. The intensive search for... Read More →
German central bank remains optimistic
Teaser: Just before Christmas, the German central bank published its monthly report with a bright outlook for the German economy several years ahead – but that was not enough to reassure the financial markets. On Monday, the 17th December, the German central bank, Bundesbank, issued its monthly economic report. For a somewhat depressed financial market,... Read More →
An exciting currency year awaits in 2019
Teaser: The coming year will start-up with higher volatility, though at the same time it offers good opportunities for investors. The year that is now fading-out has prompted a couple of hefty currency crises and general headwinds in many emerging markets. Concerning the currency markets, I will remember this year for these large movements, but... Read More →
Warning from the Bank of Italy
Teaser: The Italian central bank recently published a report that barely pleased the government of Rome, though it is worth the read. Since spring, it has been well-known that the new Italian government has been on its way with expansive fiscal proposals. The hefty increased budget deficit has at the same time brought the EU... Read More →