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Journal

All #nonInflatable Advisory Board Gold and Silver IASF / Seasonal Reflections In the Press Inflation Diversifier Fund Presentation Research Stefan's Weekly worth knowing
Stefan Markus KremethHans G. SchiefenIncrementum AGRonald StöferleMark Justin ValekJeannine GrassingerDr. Christian Schärer

February 2024

  • February 2, 2024

    Fed Policy Meeting / Outlook

    Good Morning Ladies and Gentlemen   “The battle between ‘capitalism’ and ‘communism’ is back.” by Mr. Thomas Straubhaar, Professor of International Economic Relations at the University of Hamburg   Last week’s policy meeting vs this week’s inflation numbers Last week, we were looking at the ECB policy meeting. There has been no change after their […]

January 2024

  • January 26, 2024

    Your Feedback and ECB Policy Meeting Conclusion

    Good Morning Ladies and Gentlemen   “I object to intellect without discipline.” by Mr. Spock Thank you Thank you for your positive feedback on my last «Stefan’s Weekly». I was happy to read that many of my readers were also into Star Trek and Mr. Spock in their youth. Mr. Spock was one of my […]

  • January 12, 2024

    Interest Rates and Outlook

    Good Morning Ladies and Gentlemen   “Ceterum censeo Carthaginem esse delendam.” by Cato the Elder, a Roman Politician 150 BC Emails I received some emails asking for a market outlook. I usually do not like to predict the future because I do not believe in predicting, unless one can win a silver coin. Nevertheless, I […]

  • January 19, 2024

    Conviction Building and Mr. Spock

    Good Morning Ladies and Gentlemen   “In critical moments, men sometimes see exactly what they wish to see.” by Mr. Spock Negative bias From the Emails I receive, I sense a particular negative bias among some of my readers. This is interesting, and I sometimes ask myself how the thoughts of these readers are shaped. […]

  • January 5, 2024

    Year-End Competition 2023 – and the winner is

    Good Morning Ladies and Gentlemen   “The intelligent altruists, though less altruistic than the unintelligent altruists, will be fitter than unintelligent altruists and selfish individuals.” Herbert Simon, Nobel Prize winner in economics   Who won? Finally, and once again, the sleepless nights are over; it is time to declare our year-end competition winner. Like every […]

December 2023

  • December 22, 2023

    Another Challenging Year / Merry Christmas

    Good Morning Ladies and Gentlemen   “To help socialism win, we must first create the proletariat.” Unknown (at least to me)   A challenging year It has been a challenging year, and I almost have the impression that only challenging years are left. The markets, regulation, political, social and entrepreneurial misjudgements seem to be piling […]

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