According to the Federal Statistical Office (FSO), inflation fell from 2.2 percent to 1.7 percent in May 2023. The last time inflation was below two percent was in January 2022. But how does Switzerland manage to keep inflation seemingly under control?
Oil is one of the world's most important commodities and accounts for about 3% of global GDP. But why is this so? Even though attempts are being made to switch more to sustainable alternatives, oil still plays an important role in our global economy. But what the reason is and how the price of oil is generally determined, you can read here.
In the dynamics of the financial universe, bonds have always played a prominent role. They are the bedrock of any portfolio, providing an element of stability in a sea of market volatility. But what if there was a new class of bonds that could give you the best of both worlds-the safety of bonds and the upside of stocks? Enter the world of absolute return bonds.
In recent years, a financial revolution has taken place with the emergence of decentralized finance (DeFi). This form of finance operates without relying on centralized intermediaries such as banks, instead leveraging the power of smart contracts on blockchains. DeFi platforms offer a wide range of financial services, including loans and interest-bearing accounts, while operating in a decentralized manner. Let's explore the potential and challenges of this innovative approach to finance.
US President Richard Nixon made history less than 52 years ago. On 15 August 1971, he decided to break the link between the US currency and gold. Nixon said on television: "I have instructed Secretary of the Treasury John Connally to temporarily suspend the convertibility of the dollar into gold. The Bretton Woods international financial system, established at the US resort of Bretton Woods, was thus rendered obsolete, as was the concept of a gold standard. The 1971 decision is known as the "Nixon shock", but the gold standard had been in decline for a long time before that.
Financial institutions anticipate that rising inflation and geopolitical tensions will continue for some time and have begun to alter their strategies appropriately. As a measure of protection against comparable restrictions imposed by the West on Russia, a growing number of countries are opting for gold repatriation. This was emphasised by the findings of an Invesco research published mid June 2023, which included more than 80 sovereign wealth funds and nearly 60 central banks. Read the details below.
Limiting global warming requires a general shift to an economy less based on fossil fuels. Not only politics plays an important role in this, but also the economy. Because in order to be able to implement the climate goals, a considerable amount of capital is also required. Sweden is one of the countries that has already taken some steps in this direction. What exactly has already been implemented, and what are the plans for the future? Read here.
One of the key factors contributing to the success of luxury brands is their strong presence in Asia. They were hit hard by the drop in tourism during the pandemic, but they are thriving again. Here are the details.

Insights On Wealth Management And More.

Delivered To Your Inbox, Weekly.
Left Menu Icon