INSIGHTS

Gergely Majoros calls investors’ attention to their complacency regarding central-bank policy and their skittish attitude towards China.

Gergely Majoros calls investors’ attention to their complacency regarding central-bank policy and their skittish attitude towards China.

Investors will have to prepare for gradual withdrawal of the emergency crisis-fighting support measures

Investors will have to prepare for gradual withdrawal of the emergency crisis-fighting support measures

The slide in the dollar may well continue, ending a several-year period of appreciation despite the powerful economic upswing in the US.

The dollar itself is highly sensitive to changes in risk appetite and, due to its global role, it is a particularly complex.

Rising interest rates could usher in a period of instability in the financial markets despite the economic growth forecasts for 2021

Rising interest rates could kick off a period of financial-market instability despite forecasts for economic growth in 2021.

Rising interest rates are changing the economic and financial environment for investors. That change calls for a cautious approach to equity investing.

The current regime shift in financial markets calls for a cautious approach to both fixed income and equities

The current balance is threatened by a possible US monetary policy lag behind the global economic slowdown

The end of a given monetary policy stimulus unavoidably raises the cost of risk, thereby reducing price/earnings ratios

The key question is whether protectionism will actually prove beneficial to the US economy. Chances are it won’t.

A simultaneous end to three cycles – monetary, business and political – still constitutes the primary problem facing financial markets