Monthly Newsletter

Climbing the wall of worry

In this latest edition of our monthly report update:

• These are anxious times ;
• Financial markets are a discounting machine ;
• Glass half full or half empty? ;
• Inflation continues to slow down;
• Stress among US regional banks is damping US economy;
• The World Equity Index is up by 1.6%;
• Bonds in US$ fared better than bonds in EUR; and
• Currencies and precious metals.

The economic environment continues to slow down (except in China) and inflation is not yet « under control ». On the other hand, market positioning remains extremely cautious and offers good support.

• Equities;
• Bonds;
• Precious metals, listed real estate (REIT); and
• Currencies.

Click here to read our weekly financial markets update report.

Disclaimer
This document is solely for your information and under no circumstances is it to be used or considered as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. All information and opinions contained herein has been compiled from sources believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy or completeness. The analysis contained herein is based on numerous assumptions and different assumptions could result in materially different results. Past performance of an investment is no guarantee for its future performance. This document is provided solely for the information of professional investors who are expected to make their own investment decisions without undue reliance on its contents. This document may not be reproduced, distributed or published without prior authority of PLEION Investment Adviser Ltd.