Investing

Points to ponder for the Fed César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW In a shortened week, US equity markets continued to grind forward, with the S&P 500 managing a return of over 10% (in USD) in Q1 as…

Immediate market impact of policy changes should be muted. By Dong Chen, Chief Asia Strategist and Head of Asia Research at Pictet Wealth Management. On 19 March, the Bank of Japan abandoned its negative interest-rate policy, announcing a rise in its benchmark overnight rate from…

The Fed wants to cut César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management.THE WEEK IN REVIEWThe generally dovish tone of central bank comments last week—with rate cuts still on the cards in June in the US, the euro area and the UK—meant that equity…

Most central banks confirmed their easing bias. By Frederik Ducrozet, Head of Macroeconomic Research at Pictet Wealth Management. Most developed central banks unambiguously confirmed their easing bias this week. The Swiss National Bank became the first to deliver a 25bp cut in this cycle. Against…

You will find below a commentary by Xiao Cui, Senior Economist at Pictet Wealth Management, reacting to yesterday's Fed meeting. The FOMC boosted its growth and inflation projections, but the median dot for 2024 stayed at three cuts. This says a lot about the Fed’s reaction…

Invest via an ETF in Mexico and Vietnam By Matthias Baccino, Trade Republic. On Wall Street today, the ABC acronym is doing the rounds: Anywhere But China. That US investors are ignoring Chinese stocks should come as no surprise as the two superpowers have been…

You will find below a commentary by Dong Chen, Chief Asia Strategist and Head of Asia Research at Pictet Wealth Management, on the Bank of Japan's decision to abandon its negative interest rate policy. As widely anticipated prior to the March policy meeting, the Bank…

RIP NIRP César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW Last week was a poor one for US equities as inflation data caused market participants to scale back their expectations for rate cuts. Economically sensitive US small caps were especially…

You will find below a commentary by Xiao Cui, Senior Economist at Pictet Wealth Management, ahead of the Fed meeting this Wednesday (20 March). We expect the FOMC to leave rates on hold and make little change to the post-meeting statement. A cut at the…

During the past quarter century or so, a blend of European credit would have delivered better returns at lower risk than the standard balanced portfolio. Ermira Marika, Head of Developed Markets Credit & Nicolas Musolino, Head of Systematic Research, Developed Markets Credit, Pictet Asset Management.…