Last week brought a lot of news, but little encouraging. The Fed reduced the key interest rate by 0.25%, but did not meet the expectations of market participants. In addition, the trade conflict USA - China continues to escalate.

The current situation of the US unemployment rate is not a good omen for the US stock markets. In addition, the trade war continues to weigh on the stock markets. How should the current situation regarding equity weighting be assessed?

The escalating trade war is weighing on the stock markets. The USA and China are flexing their muscles. Our assessments of the current events surrounding the trade war.

Marked increases in oil prices and stock markets characterize April. By contrast, the global economy is sending out contradictory signals. Assessments of current developments.

There are initial signs in the USA and China that the decline in growth may already be over. However, Europe continues to disappoint and the Brexit decision has been delayed.

Central banks react to economic slowdown and support stock markets. The manufacturing sector in particular is showing its weak side, while the services sector is still holding up quite well. Our assessment of the current situation.

Unfortunately, a global, largely synchronous growth slowdown is currently taking place. Gold investments could be interesting.

The Chinese economy has cooled significantly. Investment strategies that do not position themselves robustly against lower Chinese growth are at high risk. We show that caution is warranted in the short term.

A review of 2018 and a look into the near future. The global economy is cooling down noticeably, defensive strategies are preferable at the beginning of the year.