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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
Dr. Stefan M. KremethIncrementum AGHans G. SchiefenRonald-Peter StöferleMark J. ValekJeannine GrassingerDr. Christian Schärer

September 2018

  • September 14, 2018

    Stefan’s weekly: Interview with Andy Häberli, Profond’s CIO

    Dear Ladies and Gentlemen Last week we had the chance to interview Andy Häberli, Profond’s CIO. When looking at Profond’s asset allocation one immediately notices that over 50% of all assets are invested in equities and another 30+% is in real estate. Profond invests mainly in real assets. Now, Ladies and Gentlemen, there is a […]

  • September 21, 2018

    Stefan’s weekly: What can be expected until year end?

    Dear Ladies and Gentlemen Once in a while I receive mails from one or the other reader asking me, why I am still generally positive for equities, while the world is full of problems with trade wars looming, governments piling up more and more debt and central bank balance sheets exploding and you know, Ladies […]

July 2018

  • July 6, 2018

    Stefan’s weekly: Are Low Interest Rates a Nightmare?

    Dear Ladies and Gentlemen I received a fair amount of feedback to my last weeklies. Many thanks especially to Robert and Patrick, who are always very challenging readers and ask questions that make me think further (…and usually lead to some more work on my side), Alain, an old friend who shares my passion for […]

June 2018

  • June 29, 2018

    Stefan’s weekly: One Defensive Equity Market

    Dear Ladies and Gentlemen I am looking at the markets and I am surprised. There are so many reasonably intelligent and well-informed people out there with a negative view on markets looking for a crash to happen. Usually an equity markets crash does not happen when the markets have come down roughly 10% over the last […]

  • June 15, 2018

    Stefan’s weekly: Central Bank Action

    Dear Ladies and Gentlemen Most Central Banks’ goal is price stability, which basically means they want to keep inflation under control. There may be other goals as well, like for example the U.S. Federal Reserve System also and explicitly takes unemployment into the equation. Ever since the financial crisis ten years ago, Central Banks are […]

  • June 22, 2018

    Stefan’s weekly: Interview Finance Monthly Magazine

    Dear Ladies and Gentlemen I was asked if I was willing to give a short interview for the upcoming issue of the “Finance Monthly” magazine. I was and today I am happy to share the questions as well as my answers with you. 1) What inspired you to found Incrementum? The inspiration of founding Incrementum AG was […]

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