Slow food for thought

Market Insights - Q4/2023

Written by Charles-Henry Monchau | Oct 10, 2023 12:50:29 PM

Q4 2023

  • While equity and bond market volatility could persist in the short-run, we expect more positive market conditions towards the end of the year. Indeed, with the US & global economy cooling down in the months to come, central banks are expected to pause their monetary policy tightening. This would be a positive for equity and bond markets over time.
  • In the first part of this publication, we review the top 10 stories from the past quarter. We then share the investment conclusions of our latest tactical asset allocation committee.
  • Next, we take a step back and look at how the economic and financial world has evolved over the 15 years that followed the Lehman Brothers crisis. We then have a look at two fascinating themes: the huge potential of Electric Vehicles wireless charging and investing in AI beyond Nvidia.
  • The last section focuses on our home country and how Switzerland Fiscal responsibility and reasonable indebtedness can be seen as a model for the rest of the world.

Charles-Henry Monchau Chief Investment Officer