When will the turnaround come?

Growing recession fears and inflation dynamics in the US and Europe continue to create a high degree of uncertainty in the stock markets.

The future of energy supply

With the Russian invasion of Ukraine, in addition to the humanitarian catastrophe, there is a state of emergency in the energy markets. We highlight the circumstances surrounding Europe’s dependence on Russian energy, and outline what we think the way forward might be.

Cold War

Europe’s security architecture has been shaken by Putin’s aggressively bellicose actions. What does this mean for the stock markets?

Stock rotation

High inflation figures led to sharp shifts in the equity markets. What could happen next?