Journal

Rising Yields? / Elections’ Impact on Financial Markets

Good Morning Ladies and Gentlemen ”Art is like oxygen.” Marina Abramović Rising yields? I was asked why yields are rising in the U.S., and I am happy to share my view. It seems many market participants are selling some of their bond holdings before the elections (= yields are rising) as a hedge against a […]

Self-Realisation / Strong Period Ahead / Beige Book / Uncertainty

Good Morning Ladies and Gentlemen   ”Maturing hurts.” Richard David Precht   Entitlement Society: last week’s topic Thank you all for the emails I have received. Many people shared their thoughts in response to my views on an entitlement society, and I genuinely appreciate it. I was especially pleased that I am not the only Supertramp […]

„Die Musi am Goldmarkt spielt in den Emerging Markets“