Market Insights – March 2024 Review
Market InsightsMarch 2024 Review Our View – Asset Allocation FED and ECB are close to pivot and central bankers are confident that inflation will continue to decrease.Market participants are currently pricing between 3 and 4 cuts in the US and the Eurozone in 2024, with the first one in June. Valuation are globally stretched: i/ […]
Market Insights – February 2024 Review
Market InsightsFebruary 2024 Review Our View – No Change In Our Asset Allocation From a «Soft landing» to a «No landing»: that is the story since thebeginning of the year With a global repricing of the rate cuts’ expectations from the maincentral banks Few risks anticipated given valuations of risky assets Excessive valuation when looking […]
Market Insights – January 2024 Review
Market InsightsJanuary 2024 Review Our View Few catalysts for very active positioning in the short-term – Too many rate cuts priced in the market– Few risks anticipated given valuations of risky assets– Excessive valuation when looking at risk premia– More economic downturn to come with no major recession Asset classes: – Equity: – EU equities […]
Market Insights – Banque Cramer Outlook 2024
Market InsightsBanque CramerOutlook 2024 Key Views And Investment Implications For 2024? Lower rates combined with credit spread carry will be significant performance drivers Government bonds We anticipate lower yields in 2024 as inflation continues to recede and central banks deliver on rate cuts However, investors have largely front run the rally in yields, and our […]
20th anniversary marked by business growth
Banque Cramer & Cie: 20th anniversary marked by business growth Media release- 19 December 2023 Celebrating two decades of existence in its current form, Banque Cramer & Cie SA has recorded significant growth in assets under management and is set to close the financial year with a sharp increase in operating results. Download the full […]
Market Insights – May 2023
Market Insights May 2023 Climbing the wall of worry Last month, all eyes were on US politics being able to reach an agreement on the debt ceiling. A deal was reached under the wire, which brought back investors’ positive sentiment. Recession fears have been pushed out towards 2024. Even the most bearish economists are now […]
Market Insights – April 2023
Market Insights April 2023 Central Banks tightening cycle – mission accomplished ? The legendary investor Peter Lynch once said, “Although it’s easy to forget sometimes, a share is not a lottery ticket…it’s part-ownership of a business.” This quote emphasizes the importance of focusing on the underlying fundamentals of a company. Last month, we saw mixed […]
Increase in results in 2022
Banque Cramer & Cie: Increase in results in 2022 Media release- 2 May 2023 Thanks to positive inflows and efforts to optimize its operational model, Bank Cramer & Cie SA has published increased figures for the 2022 fiscal year, both in terms of its revenue, operating profit, and net profit. Download the full release
Market Insights – March 2023
Market Insights March 2023 CIO Synopsis Many bad things can happen to banks. Its customers can pull their money out (a liquidity crisis). Their borrowers can fail to repay their loans (a solvency crisis). Their shareholders can sell their stock, sending their shares down (a confidence crisis, making it far harder for them to raise […]
Market Insights – February 2023
Market Insights February 2023 Verleugnung In section VII of Psychopathology of everyday life (1905), entitled “The forgetting of impressions and intentions”, Sigmund Freud, the founder of psychoanalysis describes the mental process by which a person can sometimes reject the reality of a perception, on account of its potentially traumatic associations, despite overwhelming evidence. In that […]