Investment compass – March 2024

The monthly publication includes a topical editorial, our positioning including the conclusions from the analyses, a market overview of the most important asset classes, an assessment of the current economic situation in various regions, and our current model portfolios.

Early spring

The industrial sector appears to be bottoming out. That’s a good sign for stronger growth in China and Europe.

A moderate increase in equity investments in the less expensive markets appears well advised.

Positioning

Turning point

Economic sentiment continues to improve. In light of the emergent turning point, we are adopting a neutral equity position and are hedging against depreciation of the US dollar.

Market overview

Equity markets remain optimistic

Although monetary policy doesn’t look likely to be relaxed until the second half of 2024, the equity markets remain optimistic thanks to the strong reporting season and AI boom.

Economy

Inflation remains a challenge

Inflation is falling significantly in many industrial nations. However, it remains a challenge, particularly in the USA.

Model portfolios

Bulking up

We are taking advantage of the emergent bottoming-out in the global goods economy and adopting a neutral equity position.

“Investing with foresight” short video

In our video, our CIO provides an update on the current situation on the financial markets and explains events in just a few minutes.

Newsletter

Investment compass

Information relevant to your investment decisions. The “PostFinance market view”, complete with our position on and assessment of the financial markets and the overall economic situation.

Newsletter

Information on investing

Get more from your money. Get succinct investment insights for novice and advanced investors nine times a year as part of your subscription. How to become an investment pro step by step.

The newsletter is aimed at customers domiciled in Switzerland. The legal information and information on the protection of personal privacy apply.