2022 will go down in history as the year of a global bond crash the likes of which have not been seen in a generation.
Good news first: despite high inflation and recession concerns, the MSCI World Net Total Return Index (in US dollars) is up 7.2% and the S&P 500 (in US dollars) is up 8% in October 2022.
2022 can already be described as an annus horribilis for the global tech sector, after several years of relentless performance.
In the space of just a few weeks, the situation in the UK changed dramatically. After a 70-year reign, the much-loved and respected Queen passed away. Meanwhile, less than a month into the job, the new British government became a laughingstock.
We are going through very challenging times. The listed property sector, which investors regard as a bond proxy, is being hit by spiking interest rates.
ODDO BHF Group today announced the acquisition of 100% of the shares of QUILVEST BANQUE PRIVEE S.A., which will change its name to LA BANQUE PRIVEE SAINT-GERMAIN as a result.
The STOXX 600 (broad European index) has reached a new low of 380 for a valuation (Price/Earnings ratio over the next 12 months) of 10.4x, the lowest level recorded since the COVID crisis.
"History does not repeat itself, but it rhymes." Investors have not experienced such a strong supply shock in over 40 years.