Strategy update: Inflation, markets, and cash in transition A look at interest rates, stock markets, and payment behavior in Switzerland Stock markets & economy Despite cautious statements from central banks, many stock markets continued their upward trend. Economists continue to expect solid global growth of around 2.8%. The US labor market is particularly robust, with…
Strategy update: Focus on the labor market, consumption, and rental prices A look at the US in June 2023 – what drives employment, spending, and housing costs? Strong labor market The US labor market remains a driving force: around 253,000 new jobs were created in April, spread across many sectors. This is well above the…
Strategy update: Markets, interest rates & mobility in transition Opportunities and challenges in May 2023 from Eriya’s perspective Stock markets & consumption In April, many companies presented impressive quarterly figures: on average, sales were up 2.2% and profits were up 6.5% above expectations. Non-essential consumer goods performed particularly well. Nevertheless, consumer sentiment in the US…
