News
Where the real stock market drama unfolds
For the stock markets, the close race between Kamala Harris and Donald Trump is a non-event. Normally, the rule is: uncertainty is the enemy of markets. Yet, the S&P 500 has recently climbed from one all-time high to the next, unaffected. This
Read more
ELTIFs: strong growth and investor-friendly regulation
The number of authorized ELTIFs is set to surge again in the fourth quarter of 2024. “We expect the number to increase by one-third and the assets under management to rise by almost 50 percent by the end of the year,” says Michael Patzelt, Head of
Read more
All clear on the inflation front in the Eurozone
Improved macro data in the US created a friendly market environment. The US labor market data for September was unexpectedly good after two disappointing months. As the weak previous month's data was revised upwards and the unemployment rate fell to
Read more
Chinese central bank: Measures announced to strengthen the economy
With a bang, the U.S. Federal Reserve launched the long-awaited interest rate cut cycle, lowering the rate by 50 basis points. At the same time, the "Dot Plot" indicated further rate cuts: two more of 25 basis points each this year and a total of
Read more
Industries with opportunities: commodities, AI, and healthcare
Currently, markets are rising almost in unison, with little differentiation between industries, regions, and the quality of individual stocks. “However, in the long term, this differentiation will re-emerge,” says Carsten Gerlinger, Managing
Read more
Stocks and the economy: the connection is lost
Despite the not-so-rosy global economic outlook, stock markets are steadily rising. “This is partly due to interest rate cuts by central banks, which many interpret as a stimulus”, says Carsten Gerlinger, Managing Director and Head of Asset
Read more
Potential for a series of interest rate cuts
All eyes remain on the Fed, which is likely to start the cycle of interest rate cuts. The only thing that remains open is the amount of the first cut - 25 or 50 basis points - and what indications will be given for the future interest rate path. On
Read more
Trump 2: Not the Stock Market's Preferred Candidate
Lower taxes, tariffs to protect domestic industry, stricter immigration control – one might think that Donald Trump's plans would be favorable for the capital markets. However, each of his measures would bring about undesirable – and indeed massive
Read more
Technology stocks: this was just the beginning
For a long time, nothing could stop the rise of US technology stocks: neither geopolitical tensions, higher inflation, nor the presidential election campaign. However, a market correction has now set in. Is this the end of the boom? “Not at all,”
Read more
Moventum Compact
This market commentary will keep you informed about current market conditions and their impact on the managed portfolios.
Downloads
Here you will find our fact sheets and brochures.
Also available here: interest rate guideline.
Stay up to date with the Moventum newsletter
Exclusively for subscribers:
- Current market data
- Invitations to events
- Other advisory topics