E-Commerce and Payment
Promising, but not a sure-fire winner
Online commerce experienced a huge boost from the Corona pandemic. With the return of more normality, this growth is likely to slow down. However, the structural trend remains intact. Platforms are benefiting in particular, because network effects are the economies of scale of analog mass production in the digital world. When it comes to payment systems, banks are losing out, and the importance of cash is dwindling in favour of digital wallets.
DJE - Market outlook September 2022
Acting from the defensive
The second half of August was difficult for the stock markets. This was mainly due to the worsening of the energy crisis and the central banks' priority to fight inflation rather than growth and the labour market. We expect September to be another difficult month, especially for European equities and German government bonds.
Monthly review August 2022
Priority for price stability
Central banks set the tone in August: as the US Federal Reserve announced that it would prioritise price stability over growth and the labour market, market participants braced themselves for further rate hikes and stock markets in the US and Europe fell.
Obesity
A widespread disease from an investor's perspective
Obesity is on the rise worldwide and literally a burden not only for those affected. It is also a burden on the healthcare and social systems of national economies. Several promising new drugs are currently in trials or have already been approved and could make expensive stomach reductions obsolete.
Monthly Review July
Companies report good figures
In July, most equity markets recovered some ground from the losses of the previous months. The recovery is likely to be primarily due to the start of the second quarter 2022 reporting season, which has so far been better than expected on both sides of the Atlantic.
Well Positioned: Our Company
The DJE Group is one of the leading independent wealth and asset managers in German-speaking Europe.