Article by Beat Wittmann, Chief Investment Strategist at Key Family Partners SAPreserve and Perform - Active Management is King Great prosperity and fortunes can be created (and lost) - just remember the transformative 1930s, 1970s and 1990s! Geopolitics - Politics Trump Economics and BusinessEver since Russia’s unlawful...
Read MoreArticle by Beat Wittmann, Chief Investment Strategist at Key Family Partners SA Geopolitics - The Dawn of a new EraEver since Russia’s unlawful and unprovoked military invasion of sovereign and independent Ukraine in early 2022, the economic globalization as we knew it, and peace dividend since...
Read MoreThe Demise of Credit Suisse - No Relevant Player has Apologized nor Resigned The reputation of Switzerland as a financial center and even as a country is at stake. In the aftermath of the UBS-Credit Suisse shotgun marriage cum bailout the blame game is steadily escalating....
Read MoreGeopolitics - Bipolarity Defining Our Age The defining geopolitical confrontation of our age is the strategic rivalry between the US and China. Geopolitics remain complex, ambiguous and to varying degrees confrontational, in a world characterized by the growing bipolarity between the global West led by the...
Read MoreThe collapse of a major US bank doesn’t come as a surprise given the current macroeconomic backdrop with the recent strong and fast rise in interest rates. In this context, the failure and closure of Silicon Valley Bank (SVB) will not be the last significant bank,...
Read MoreTransition to a New World Order 2023 has started with the US continuing leading a united Global West, China re-opening and focusing on economic growth, Russia digging in on its illegal military attack on Ukraine and Iran’s regime doubling down on domestic repression. Stay prepared for more...
Read MoreThe Russian President threatening the Ukraine, offers highly uncertain rewards yet a potentially lethal downside for him and his inner circle. Russia is getting ahead of itself apparently emboldened by the illegal and only modestly sanctioned seizure of Crimea. The blame, however, lies by no...
Read MoreGLOBAL ECONOMY New Monetary tightening cycle at hand The Federal Reserve finally got off the fence and announced plans for a new monetary tightening cycle to start later this year with a phased reduction in its bond buying programme (tapering of QE) to be completed by mid...
Read MoreGLOBAL ECONOMY Taper whimper The much anticipated Fed speech at the Central Bankers’ annual convention in Jackson Hole (held remotely on Friday 27th August) provided little new insight into the Fed’s plans for monetary tightening. On the contrary, Powell confirmed that tapering of the QE would probably...
Read MoreGLOBAL ECONOMY The China Investment Conundrum As will be apparent to all readers, China has started to flex its political and economic muscles in a significant way over the past few years based on its perceived and real economic strength. As of December 2020, China’s GDP was calculated...
Read More