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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

September 2025

  • September 5, 2025

    Politics’ Possible Influence on Capital Expenditure

    Good Morning Ladies and Gentlemen ”And I’ll keep my cool, but I’m feigning.” Macy Gray in her iconic song “I Try”   An editor at the Frankfurter Allgemeine Zeitung newspaper once coined the term ‘insufficiency terrorists’ (Insuffizienz-Terroristen) to describe a phenomenon. It refers to managers who fail to recognise their shortcomings and force those around […]

August 2025

  • August 29, 2025

    A Cultural Examination of Wealth through Literary Art

    Good Morning Ladies and Gentlemen ”If a tree falls in the woods and there’s no one around to hear it, does it still make a sound?” Jesse Felder   In a series of four articles unfolding over the summer, my friend Anton, who lives in Oxford (UK) and works in the financial services sector, and […]

  • August 15, 2025

    Stop Moralising / Interpreting Latest Data / Inflation And Growth Perspective

    Good Morning Ladies and Gentlemen ”Don’t gamble; take all your savings and buy some good stock, hold it until it goes up, then sell it. If it doesn’t go up, don’t buy it.” Will Rogers   Europe’s difficult situation is home-made, and I think humanity is currently engaged in a significant experiment. Because in the […]

  • August 22, 2025

    The U.S. Federal Reserve System

    Good Morning Ladies and Gentlemen ”Nvidia and Microsoft account for 15% of the S&P 500’s market capitalisation.” Common Knowledge   When a government prioritises avoiding austerity measures over managing fiscal deficits, state expansion and the resultant increase in state deficits may become one-way streets. Nonetheless, Ladies and Gentlemen, it is essential to recognise that time […]

  • August 1, 2025

    Navigating Markets in the Age of Sensitivities

    Good Morning Ladies and Gentlemen ””Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” John D. Rockefeller   Becoming socially acceptable historically involved adapting one’s behaviour to fit various settings, particularly when sharing those spaces with others. For instance, if you enjoyed putting your feet up on […]

July 2025

  • July 25, 2025

    Central Banks Sometimes Can’t Win `Em All!

    Good Morning Ladies and Gentlemen ””Wall Street will sell shit as long as shit can be sold” Charlie Munger   Navigating U.S. interest rates can often feel like a rollercoaster ride in the unpredictable realm of finance. While investors seek that perfect win, it is important to recognise that not every decision will succeed. Embrace the […]

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