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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 KremethRonald StöferleIncrementum AGHans G. SchiefenMark Justin ValekJeannine GrassingerDr. Christian Schärer

May 2025

  • May 2, 2025

    A Hidden Jewel in the Heart of Europe

    Good Morning Ladies and Gentlemen ”The history of high tariffs shows extreme danger: 1890s McKinley Tariff led ~60% EPS drop in S&P 500; 1930s Smoot-Hawley Tariff led 70% drop.” Societe General   Today’s discourse centres on the Principality of Liechtenstein, a small nation in Central Europe. I have been tasked with composing an article for […]

April 2025

  • April 25, 2025

    Money is a Scarce Resource

    Good Morning Ladies and Gentlemen   ”All the socialists understand about money is that they want it from others.” Konrad Adenauer The Gap US consumer confidence has yet to recover from the downturn caused by the COVID-19 pandemic in spring 2020. In contrast, the S&P 500 has reached new all-time highs, leading to a widening […]

  • April 4, 2025

    Unfair! So What!

    Good Morning Ladies and Gentlemen   ”Every champion was once a contender who refused to give up.” Rocky Balboa   People often remain unaware of perspectives outside their bubble, a realisation that is not particularly new. Nevertheless, instead of responding with indignation to the Trump administration’s tariffs, I believe that global political leaders and the […]

  • April 15, 2025

    What is the Definition of a good Deal?

    Good Morning Ladies and Gentlemen   ”Peter Navarro is ‘truly an idiot’ and ‘dumber than a bag of bricks’.” Elon Musk   International financial markets represent a significant approximation of a global consensus regarding economic perspectives. The collective knowledge and insights derived from these markets often surpass the understanding of the average political figure, investor, […]

March 2025

  • March 21, 2025

    Incrementum Year-End Competition 2025-Edition / Part II

    Good Morning Ladies and Gentlemen   ” It remains seen how these developments affect future spending and investment.” Fed Chair Jerome Powell   In his post-meeting press conference, Federal Reserve Chair Jerome Powell recognised the significant level of uncertainty prevailing among American consumers and businesses. He attributed much of this apprehension to the “turmoil” associated with […]

  • March 28, 2025

    Incrementum Year-End Competition 2025-Edition / First Update

    Good Morning Ladies and Gentlemen   ”The public buys the most at the top and the least at the bottom.” Attributed to Wall Street Legend Bob Farrell   Update Can you believe we are already wrapping up the first quarter of 2025? Time is flying by! I wanted to share a quick update on the […]

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