
Market Commentary: Poor Austria, rich Switzerland
Dieter Wermuth, Economist and Partner at Wermuth Asset Management I exaggerate: no question that Austria, in terms of GDP per capita, is one of the

Dieter Wermuth, Economist and Partner at Wermuth Asset Management I exaggerate: no question that Austria, in terms of GDP per capita, is one of the

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Christine Lagarde has announced last Thursday that policy rates will be raised two more times this

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Here is a back-of-the-envelope calculation of the likely additional cost of household energy in 2023. It

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Impressed by unusually high inflation rates, media and politicians worry that the economy and the standard

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Hard to believe: if euro area consumer prices had increased by an average annual rate of

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Rarely have economists been as confused as today. In the US, seasonally adjusted real GDP has

Dieter Wermuth, Economist and Partner at Wermuth Asset Management For a long time, I had been someone who was rather relaxed about the climate. Progress

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Ten years ago, annual euro area nominal GDP per capita was €29,230 while that of the

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Productivity growth continues to slow, but this is actually not a big deal, more like a

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since the turn of the year, main European and American stock indices have come down by

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Once a year, oil major BP publishes its Statistical Review of World Energy. Now in its

Dieter Wermuth, Economist and Partner at Wermuth Asset Management It is extremely unlikely that the rapid increase of fossil fuel prices, triggered by Russia’s invasion