December was an intense end to the year, with markets marked by both hope and caution. The central banks' last interest rate announcements for the year, continued geopolitical uncertainty and positioning
When we summarize 2025, a clear pattern emerges: the market was often influenced more by the news flow than by reported earnings and macro forecasts. Events such as tariff threats, political statements
November was a month marked by high uncertainty but at the same time several bright spots in the financial markets. Monetary policy announcements, geopolitical changes and major shifts in both
October was another month of strong movements in the financial markets. Global stock indices rose broadly on expectations of interest rate cuts and an improved trading climate. At the same time
September was an unexpectedly strong month for financial markets. Stock indices rose broadly across the world until the last day of the month. At the same time,
August was an unexpectedly strong month for the stock market. After the strong recovery from the spring stock market decline, many suspected that late summer could be weak. But instead, the
July was a strong month for financial markets. Stock indices rose broadly all the way to the penultimate day of the month. At the same time, long-term interest rates remained
In the third part of our Summer School 2025, we will explore one of the most powerful and misunderstood tools in modern portfolio management – namely options! This
In the second part of our Summer School 2025, we go over exactly why compound interest is the most crucial factor for long-term financial success – both for