Markets Update Friday 06/11/2020 – Every Count

Frankfurt – 06/11/2020 Every Count In America, there is growing evidence that Joe Biden is slowly but steadily increasing his lead in the narrow race for the White House. He is slightly ahead in all still contested states and profits from the counting of postal votes. Officially, however, no decision has yet been made. In the state of Georgia, for …

Markets Update Thursday 05/11/2020 – Still counting

Frankfurt – 05/11/2020 Still counting Although it is still not clear who the next US president will be, investors continue to take risk. They are seemingly counting on Joe Biden in the White House and a Republican majority in the Senate. According to market observers, this would be the best-case scenario for a stable government, because the Democrats would have …

Markets Update Wednesday 04/11/2020 – Oh what a night

Frankfurt – 04/11/2020 Oh what a night Trump or Biden? It was and still is the thriller that many experts forecasted. In the USA, the worst possible scenario for the stock markets has actually occurred: a looming hanging game with a protracted election result. Even many hours after the last polling stations have closed, the race between incumbent Donald Trump …

Markets Update Tuesday 03/11/2020 – Election Day

Frankfurt – 03/11/2020 Election Day Who will be the next US President? Investors and most market analysts are sure: Joe Biden will move into the White House. In the hope of a clear election victory for the Democrats, they stock up on shares. Will the bet pay off? While millions of Americans are still going to vote, the election has …

Markets Update Monday 02/11/2020 – Remember: Come back in November!?

Frankfurt – 02/11/2020 Remember: Come back in November!? Today everything seemed the same as usual in November: investors returned to the stock market, and the old stock market wisdom “sell in May and go away – but remember, to come back in November” was yet again valid. It remains to be seen to what extent this truism will prove true …

Markets Update Friday 30/10/2020 – Un-Golden October

Frankfurt – 30/10/2020 Un-Golden October It is well known that leaves fall in autumn – and so do share prices as the old saying goes. Once again, October’s reputation as a bad month for the stock market has proved true.  The harsh corona reality finally caught up with the stock markets in the last week of October. Because many European …

Markets Update Thursday 29/10/2020 – ECB to the Rescue – Reloaded

Frankfurt – 29/10/2020 ECB to the Rescue – Reloaded Corona, lockdowns, gloomy pictures and the whole shebang weighed on the markets again today. Thanks to the ECB, the picture was at least nicely framed later during the days, allowing for some of the markets to recover a little.  This was after the ECB signalled that it would be ready with …

Markets Update Wednesday 28/10/2020 – It’s getting cold out there

Frankfurt – 28/10/2020 It’s getting cold out there There is no panic on the trading floor yet, but nervousness is increasing and a wave of “sell-everything” swept through the financial markets already today. The second wave of corona, or what the politicians and mass media make of it, is currently having a firm grip on the markets. What seemed unthinkable …

Markets Update Tuesday 27/10/2020 – “Lockdown Light”

Frankfurt – 27/10/2020 “Lockdown Light” German politicians warn that the corona situation is far more dramatic than many believe – and announce tough decisions for tomorrow that will hurt the population and that hurt the markets already today. Chancellor Merkel even pleads for a “lockdown light”.  The fear of the consequences of a lockdown in Germany, but also in other …

Markets Update Monday 26/10/2020 – Next wave of pessimism

Frankfurt – 26/10/2020 Next wave of pessimism  The increasing number of corona infections and the catastrophic figures of the Dax heavyweight SAP were reason enough to cause enormous damage to the markets today. All stock exchanges plummeted, especially energy shares, were hit hard.  The fact that Democrats and Republicans in America seem unable to reach an agreement on the next …