Markets

09/01/2020 - Markets: Monthly Commentary December
Markets-Monthly-Commentary-December

After the trade conflict is before the trade conflict

In December, the markets reacted with relief to the "Phase One" trade agreement, which is ready to be signed and is intended to settle the trade conflict between the USA and China. At the same time, the EU, especially France and Germany, moved into the focus of US and Chinese trade policy.

 

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06/12/2019 - Markets: DJE - Market outlook 2020
Markets-DJE-Market-outlook-2020

Capital market outlook 2020: Politics rules the markets

For the coming year 2020, Dr. Jens Ehrhardt sees good prospects for the stock markets. The stock markets are clearly on green. Ehrhardt sees one reason for this in the US Federal Reserve's expansionary monetary policy, which aims to stimulate the weakening US economy. Another is China's sustained growth.

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04/12/2019 - Markets: Monthly Commentary November
Markets-Monthly-Commentary-November

Climate shifts

The ifo business climate index rose again for the first time since March. Other leading indicators such as purchasing managers' indices and incoming orders also rose again. The good mood was also reflected on the stock markets, supported by hopes of a temporary solution to the trade conflict.

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07/11/2019 - Markets: FMM-Strategie November
Markets-FMM-Strategie-November
Dissolved Blockades

The expansionary monetary policy of the central banks supports the stock markets sustainably. What is currently inspiring them, however, is the resilient hope for a temporary end to the trade conflict, for an agreement in small steps between the USA and China. This will solve blockades and make us confident for the coming months.

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10/10/2019 - Markets: FMM-Strategie October
Markets-FMM-Strategie-October

Tailwind for Cyclical Stocks …

... provided that the US and China can at least reach a provisional agreement on the trade conflict. We think: From this perspective the current situation is better than generally perceived. But no improvement can be expected without an agreement.

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07/10/2019 - Markets: Monthly Commentary September
Markets-Monthly-Commentary-September

Concerted monetary policy

The central banks of the USA and China as well as the European Central Bank relaxed their monetary policy in September. They took various measures by lowering key interest rates, lowering the minimum reserve rate and launching a new bond purchase program, and the international stock markets then made gains.

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04/09/2019 - Markets: Monthly Commentary August
Markets-Monthly-Commentary-August

Trade conflict causes skid marks

In August, the trade conflict between the US and China escalated again, causing a slowdown in economic indicators. Meanwhile, the bond rally continued and gold became more expensive.

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09/08/2019 - Markets: FMM Strategie
Markets-FMM-Strategie-

Limit losses

August lives up to its reputation of being a weak month for the stock market. That's why the biggest task is to limit losses first. Looking ahead, however, we are confident about fundamental and monetary indicators, most of which are in order.


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09/08/2019 - Markets: FMM-Video
Markets-FMM-Video

Limit losses

Once a month Florian Bohnet, Head of Research at DJE, talks about what investors can expect in the coming weeks. A further slowdown is expected in August, and more confidence is expected in September.


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09/08/2019 - Markets: Monthly Commentary Juli
Markets-Monthly-Commentary-Juli

Central banks have delivered - and disappointed

As expected, the US Federal Reserve lowered key interest rates by 25 basis points for the first time in ten years, and the ECB was thinking loudly about low interest rates and a possible bond purchase program. But market participants had expected more.


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