Category: Global Investment Outlook

Strong headwinds Against a generally healthy economic backdrop there is a long list of open issues that have not only ... Read more

Extremely expensive stocks and bonds  This is an analysis about potential triggers of the next global financial crisis. I am ... Read more

Buoyant economies, overvalued equities Stock markets have corrected a lot since late January, but from a longer-term perspective, the correction ... Read more

“Draghi put” remains in place How will central banks react to the large correction of bond and stock markets that ... Read more

Still the same story: strong growth, low inflation, exuberant stock markets Since inflation is mostly well below target in industrialized ... Read more

Stock markets move closer to a major correction Read the full article in PDF format: Wermuths_Investment_Outlook_29August2017 ... Read more

Deceptively calm markets Read the full article in PDF format: Wermuths_Investment_Outlook_16June2017 ... Read more

Sell bonds, don’t buy stocks! Read the full article in PDF format: Wermuths_Investment_Outlook_11Apr2017 ... Read more

Sell bonds, buy stocks! Read the full article in PDF format: Wermuths_Investment_Outlook_06Jan2017 ... Read more