Technology investments have had a strong start to 2023, providing a positive backdrop for our Supertrend “Technology at the service of humans.” Structural growth trends such as increasing data usage and the need for greater efficiency should continue to support this Supertrend.
Leading computer manufacturers Lenovo Group (LNVGY) and Dell Technologies (DELL) have seen a sharp rise in sales of both commercial and consumer personal computers as the world rapidly adopts a work- learn- and entertainment-from-home culture amid the pandemic. Since this digital dependence is likely here to stay, even in the post-pandemic world, we think these companies should see sustained growth and higher profitability going forward. But let’s find out which of these stocks is a better buy
In a dynamic global landscape, Swiss assets stand out thanks to their high quality and Switzerland’s political stability. Investing in CHF assets means sailing with the ultimate safe-haven currency, and when it comes to Swiss companies, many are innovation champions. In short, Swiss assets are a key ingredient of robust, long-term portfolios.
Global economic growth is slowing, and this favours large-cap biopharmaceutical stocks given their highly defensive quality. During 2023, economic activity is expected to bottom, with inflation easing, which will favour the more cyclical parts of the healthcare sector, such as MedTech.
The investment landscape in Japan is changing for the better. From corporate reforms and share buy-backs to changing investor perceptions and the influence of global players, the case for upgrading Japan to Overweight is strong. With an expected boost of demand from the Nippon Individual Savings Account (NISA) amendments and a resurgence in tourism, the future looks bright for investors.
There is growing confidence that US interest rates will stay higher for longer, which opens up opportunities for a barbell strategy in fixed income and equities. In fixed income, the rise in (real) yields improves forward-looking returns, and we believe that investment-grade debt offers decent yields. There is therefore no need for excessive credit-risk taking at this juncture. In equities, our short-term view is that there is a year-end rally in the making and that for investors
Worries about a slowdown due to rising interest rates seem to be unfounded, especially in the US. Thus, amidst a changing landscape, we remain invested, making subtle adjustments to capture potential gains. The recent downturn across equity and bond markets presents an attractive opportunity to put money to work.
Cyclical stocks are typically bought on the notion that strengthening economic tailwinds will drive them higher. However, some cyclical stocks can outperform even when growth is in a soft patch, thanks to industry tailwinds that propel powerful product cycles. Thus, it is time to take a look at four bright spots within cyclicals: electrification, infrastructure and manufacturing construction, automotive, and semiconductors
There are many reasons to favour defensive stocks in the current market environment, which speaks in favour of Switzerland, a region that boasts one of the most defensive markets with a bias towards high-quality companies. Swiss equities have a strong long-term track record and are currently not expensive, as valuations have come down significantly.
Oil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.
A major battery plant near Los Angeles will be among the largest in the world when it comes online later this year, promising to shore up California's power grid during the peak summer season and help the state a meet ambitious climate goals.
European shares slipped on Tuesday ahead of this week's U.S. inflation data and a European Central Bank monetary policy decision, while diagnostics firm Biomerieux was set for its best day in more than two years on a new strategic plan.
Zambia's copper output could rise to about 1 million tons by 2026, boosted by investment in expanding production at mines including those owned by First Quantum Minerals, Finance Minister Situmbeko Musokotwane said on Friday.
U.S. manufacturers have finally pulled out of the long, shallow slump that started in the middle of 2022, which will support petroleum consumption especially for diesel and other middle distillates in the months ahead.
Global stocks eased on Wednesday in the face of rising bond yields, as investors assessed how much U.S. rates might fall this year, while a powerful earthquake in Taiwan raised concerns about possible disruptions to the vital chip-making industry.
In the end, 2023 turned out to be a positive year from a financial market perspective. This had a lot to do with hopes for the new year, in particular with the prospect of interest rate cuts. However, economic risks have been ignored. We do not, and tactically favour bonds over equities.
History repeats itself when it is time for new year resolutions. And every year, forecasts are made.We are also making forecasts. Sometimes they are right, but often, like the ones of other forecasters, they are not. They are not useless, however. But more helpful than the forecast itself is the preceding analysis.