Limmatstrasse 264
CH – 8005 Zurich
Switzerland
Monetary easing following the market sell off at the end of 2018 helped financial markets throughout 2019. A broad mix of asset classes generated close to 15% over the full year. All asset classes performed positively.
Global equity markets were up 26.6% as fixed income performed strongly with government bonds up 7.6% and corporate bonds up 12.5%. Commodities, being the laggard of the last decade was up 5.4%.
Inflation is always and everywhere a monetary phenomenon. Although we at Kieger are by no means committed monetarists, this chart lends more credence to the idea that inflation will be moving lower in the next months.
The huge withdrawal of central bank liquidity happening currently is truly “unprecedented” (an otherwise-overused term currently). Despite all of the detailed analysis on the effects of quantitative tightening no one can predict the full impact this will have, but it is certainly not Fed Chair Yellen’s 2017 expectation of “watching paint dry”.
Inflation continues to drive recession worries. US inflation continues to drive recession worries with CPI running at 8.6% YoY in May.
Get in contact with us by using the form below or via telephone. We look forward to hearing from you.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.
There are no job vacancies at the moment.