Inflation is considered defeated. What does this mean for the performance of shares in individual sectors? Without new inflation worries, there is nothing to prevent prices from rising further in macroeconomic terms.

Central banks act "data-dependent", but they remain stuck in old models. Investors could benefit if they paid more attention to the money supply and its influence on inflation.

A new study seems to contradict the consensus on the negligible growth effect of global warming. However, the results align with the IPCC's (AR6) assessment: We don't know.

The yield curve, once a reliable recession indicator, has been sending the wrong signals since 2022. Portfolio Hedging on this basis is risky, at least in the short term.

The Fed faces an easier battle against inflation than the ECB, as productivity growth in the USA mitigates wage-induced inflationary pressure.

Despite the normalization of energy and consumer goods prices, inflation remains undefeated. At some point, inflation will come down again, and like everything else in this world, inflation will then also have been "transitory”.