Global recession and strong stock markets – it’s not sustainable In mid-October, the main stock markets are up around 35% from their corona crisis lows

Asset allocation at a time of zero bond yields To stick to the standard formula of conservative investing these days – 60% stocks / 40%

Stock markets ignore Corona – so far It is hard to believe that global stock markets have largely shrugged off the prospect that the world economy

Stock market correction will continue The coronavirus shock forces investors to change assumptions about market trends. It is not clear how long the epidemic will

Dividends beat bond yields – by a wide margin By now, the stock market boom is ten and a half years old and thus one

Bond markets: look like bubbles, smell like bubbles – are bubbles I am not aware of any economist who has ever predicted that whole yield

Sell in June and go away – a sensible strategy introductory remarks May is over, and I am late, so I had to replace the

Stocks and bonds are well supported, but increasingly expensive introductory remarks After the large correction of stock markets in the three months to the end

Almost everything is expensive For the first time in decades, the usually profitable investment strategy to diversify funds across asset classes – to do well

Strong headwinds Against a generally healthy economic backdrop there is a long list of open issues that have not only the potential to unsettle capital

Extremely expensive stocks and bonds  This is an analysis about potential triggers of the next global financial crisis. I am aware of Paul Samuelson’s dictum

Buoyant economies, overvalued equities Stock markets have corrected a lot since late January, but from a longer-term perspective, the correction has been modest so far.