Market view La nostra visione dei mercati

Nelle nostre pubblicazioni e nei nostri video affrontiamo quotidianamente argomenti rilevanti per il mercato. I nostri esperti spiegano in modo semplice e comprensibile il contesto, gli effetti e le raccomandazioni per gli investitori. Se vi iscrivete alla nostra newsletter, vi informeremo non appena avremo pubblicato un nuovo articolo sul mercato.

Big Picture Videos La visione d'insieme in cinque minuti

The metaverse’s virtual worlds are still a difficult concept for us to grasp. But the...

With year-end approaching, LGT’s investment experts look ahead to 2023 and share their...

The rollout of new, more powerful wireless standards represents an opportunity for investors.

An investment in the energy transition promises the opportunity to achieve a double...

Globalization has been a key driver of the sustained growth enjoyed in recent years. But...

We had all become used to low interest rates. Stock markets rejoiced, bouncing back from...

When people think of blockchain, they usually associate it with Bitcoin. In reality...

In today's world of investing, robo-advisor algorithms are competing with the expertise of...

The ongoing political balancing act in the dispute over raising the debt ceiling in the US on the one hand and the uncertainty about the next step of the US Federal Reserve on the other hand continue to cause nervousness on capital markets. However, the bill to suspend the debt ceiling cleared...

The compromise reached in Washington in the dispute over raising the US debt ceiling did not set off fireworks on the stock markets, as a "last-minute solution" is more or less priced in. However, the graphics card, server and AI chip specialist Nvidia reached a stock market value of one...

The White House and the Republicans in the House of Representatives have reached an agreement in principle to raise the debt ceiling for two years and to limit spending, as House Speaker Kevin McCarthy confirmed. On the stock exchanges, the agreement in Washington did not cause any big jumps in...

On capital markets, investors are still nervously waiting for progress in the dispute over raising the debt ceiling in the US. While the blue chips on Wall Street moved more or less sideways, the Nasdaq technology exchange posted solid gains, driven by a strong quarterly result and outlook from...

US dollar bill with Federal Reserve signa

The US Federal Reserve (Fed) currently seems to have reached a point where opinions on the future course of monetary policy diverge significantly within the top body of the central bank. Meanwhile, investors are becoming increasingly nervous against the backdrop of continuing uncertainty and...

The dispute over raising the debt ceiling in the US remains in the centre of attention, but today the focus is also shifting back to the monetary policy stance of the US Federal Reserve. The minutes of the Fed's last interest rate decision, which are due to be published this evening, could give...

The top-level talks between US President Joe Biden and Kevin McCarthy, the chief negotiator for the opposition Republicans, did not bring the hoped-for breakthrough in the dispute over raising the debt limit after the close of trading in New York. McCarthy at least spoke of "a productive and...

The dispute over the almost inevitable increase in the debt ceiling in the USA remains one of the defining issues on the international financial markets. Democrats and Republicans must reach an agreement in about two weeks, otherwise the government in Washington faces the threat of default as...

An investor confidence survey in Germany dropped for the third month in a row, signalling Europe’s largest economy may be headed for recession. The negative outlook for Germany was corroborated by slow economic growth data from the euro area on Tuesday. Markets were also under pressure Tuesday...

A series of weak economic data initially put markets under pressure on early Monday. An index for New York state manufacturing plummeted while the European Union increased its inflation expectations for this year and next. Later in the day, positive comments from the US president about the...

The political dispute over raising the debt ceiling in the US has been at the centre of attention on the financial markets in recent weeks. With the agreement now reached to raise the debt ceiling for two years, which still has to be approved by parliament, the risk of a default by the world’s...

At a global level, we do not expect a recession this year, but economic growth will remain below potential. Developments across the regions are mixed. On this backdrop, we maintain our defensive investment strategy across all asset classes, but the underweight in equities is reduced by building...

The Federal Reserve is considering to end the monetary tightening cycle, but it has no intention to cut interest rates - markets take a different view. Equity investors are currently better compensated in Europe than in the US, therefore we upgrade European equities to “neutral”. The banking...

Any rate cut fantasies seem to have fizzled out and investors have a more realistic view of the Federal Reserve's rate path again. Within the equity quota, we recommend a defensive positioning and prefer the "rest of the world" to the US. After the correction, we are raising gold in the...

The main asset classes had a brilliant start to the new year, yet investors continue to hold high levels of liquidity. In the fixed income space, we consider short-duration investment grade credit strategies to be particularly attractive. We see re-rating potential for the banking sector and...

In a still challenging market environment, patience is required, and investors should stay the course. On the equity side we remain defensively positioned and in the fixed income area we expect positive returns again. In the current market environment, portfolio components with a low...

In the fight against high inflation, the Federal Reserve launched an aggressive tightening cycle a year ago. Since then, price growth has slowed, but inflation remains well above the central bank’s target.

Wall Street analysts' estimates for real global economic growth have been raised slightly since the beginning of the year from 2.1% to 2.5%. The International Monetary Fund (IMF), for its part, even expects growth of 2.8% this year, followed by 3.0% next year. This raises the question: have we...

As expected, the US Federal Reserve (Fed) last week raised its key interest rate by a further 25 basis points to a new target range of 5.00-5.25%. With this step the Fed has raised the Fed funds rate by 500 basis points in the last 14 months - the steepest rate hike cycle in the last 40 years.

China has returned to the growth path and is expected to dominate global economic growth in the coming years. This is sparking investors' interest. We see potential in emerging market equities and especially in Chinese stocks.

As so often in recent decades, the US is slowly but surely approaching the debt ceiling. The debate between the two main protagonists in Washington - the Democrats and the Republicans - is already in full swing. This summer, the limit to which the US government is allowed to incur maximum debt...

The American consumer has been the focus of attention on financial markets time and again in recent decades. This is no surprise, as consumption is responsible for almost 70% of US economic output and thus for almost 20% of global GDP. It therefore seems sensible to take a closer look at the US...

Fifty-eight years ago, in April 1965, George Moore - co-founder of Intel - invented "Moore's Law," which states that the number of transistors on an integrated circuit (IC) doubles approximately every two years. While the human brain thinks in linear processes, technological progress is always...

The topic of inflation and central banks' responses to it has been well covered over the past two years. However, much of the focus has been on current readings and market participants' expectations for the coming months. On the positive side, investors' long-term US inflation expectations...

The Federal Reserve is signalling an end to its tightening policy. But as inflation remains high, we do not expect any rate cuts for the time being. However, should the US economy slide into a deep recession, the monetary authorities are likely to loosen monetary policy. However, we consider...

Given the turmoil in the banking sector, central banks seem to be confronted with a dual mandate. While the fight against inflation remains the primary goal, the rate hike cycle is starting to show signs of fracturing. Therefore, the risk of an escalation of the banking crisis could play a...

Potrebbe interessarvi anche…

Questa pagina analizza mercati ed economia. Se desiderate approfondire altri temi, ulteriori informazioni sono disponibili in queste pagine:

Cambiate la lingua e la posizione LGT qui.

Market view La nostra visione dei mercati

Big Picture Videos La visione d'insieme in cinque minuti

Is the metaverse all hype or the next big driver of disruption?

Is the metaverse all hype or the next big driver of disruption?

Financial markets: Investment outlook for 2023

Global connectivity thanks to 5G - economic fillip

The energy transition - an attractive investment theme?

"Globalization's momentum has abated"

What do interest rate hikes mean for financial markets and investors?

The blockchain trend: Does it fit into your investment strategy?

Investments and emotions: An opportunity or a risk?

US debt dispute further defused - next Fed interest rate decision moves into focus

Tech stocks, vote in US debt dispute and Fed Beige Book in focus

(Provisional) agreement reached in US debt dispute

Nvidia causes rally on Nasdaq and stock markets still hope for settlement in US debt dispute

The Fed at a crossroads

Stock markets remain hostage to US debt dispute - FOMC minutes in focus

No breakthrough in US debt dispute - investors' nerves remain tense

Debt dispute in Washington remains the factor of uncertainty

Investor outlook in Germany plummets

Hopes about US debt ceiling agreement support markets

June 2023

May 2023

April 2023

Central banks have not yet reached their targets

February 2023

January 2023

A year later

Stagnation

Fed - Time for an interest rate pause

Focus on China

US debt ceiling

Resilient US consumer

Disruption

Real central bank interest rates

No rate cuts

Dual challenge

Potrebbe interessarvi anche…