AI: boom, bust or sustainable earnings bump?

Artificial Intelligence could bring big productivity boosts across industries. Being able to reliably identify long-term winners and losers is a different matter altogether.

AI must fix it

By: Björn Jesch

No economic slump, falling inflation and the first interest rate cuts. Not a bad environment for capital investments, especially bonds. AI must deliver soon for equities.

Aging societies – the end of “Japanification”

“Japanification” = shorthand for countries with persisting low inflation and yields, but the comparisons fall short

After the pandemic savings glut

Why we think there might still be excess savings left, even among U.S. households, to keep the global economy rolling for a little longer.

After the June cut: what’s ahead for ECB rates

The ECB cut its policy rates in June, as expected. But that does not mean that the Frankfurt- based central bank will cut again in July.

2025: continuation amid disruptions

By: Vincenzo Vedda

As Europe and China are not really getting into their stride, it is once again up to the U.S. and above all its consumers to keep the rally going. In our core scenario, we believe they can do that.

2024 – it could be good, by year end

By: Björn Jesch

How optimistic can we be about investments in 2024 if the year starts with a recession? We can to some extent because our forecasts focus on the end of the year.

10 themes for the year ahead

By: Björn Jesch

Which investment themes could be relevant for 2025 and beyond? An overview of all 10 themes.

10 themes for the year ahead

By: Björn Jesch

CIO View Special

10 Themes - #8: De-dollarization - vision or reality?

The eighth topic in the series analyzes efforts to break the dollar's global dominance.

10 Themes - #7: Defensive, innovative, growing: the healthcare sector

In theme 7 of our series, we look at what the healthcare sector has to offer in times of lackluster economic data and falling interest rates.

10 Themes - #6: A Commodity Supercycle?

The preconditions for a significant rise in prices are analyzed in the sixth issue of this series.

10 Themes - #5: Democratizing the capital market

The fifth topic in this series highlights the potential opportunities offered to retail investors by the opening up of private markets, in infrastructure, among other things.

10 Themes - #4: Crypto Love

The fourth topic in this series examines where the crypto market is heading after the ETF hype

10 Themes - #3: AI: Billion-dollar questions

The third theme in our series examines how investors could take advantage of the already big and exponentially growing AI market