Journal
April 2026
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The Market’s Blind Spot: Energy‑Driven Inflation in a World Beyond Gravity
Good Morning Ladies and Gentlemen “What started as an event a year ago became a pattern, became a trend, and is now a certain trend that can be extrapolated.” Peter Atwater The Greeks and Spartans inflicted substantial losses on the Persians, who, under King Xerxes, held advantages in both numbers and weaponry. The Battle […]
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The Goal
Good Morning Ladies and Gentlemen “All this hasty ‘shooting from the hip’ will have massive long-term consequences for U.S. financial hegemony. Washington is increasingly losing control here.” Ronald P. Stöferle, Partner at Incrementum AG From a historical standpoint, the belief that relations between Europe and the US have reached unprecedented precariousness today is fundamentally […]