May 5, 2021
LGT Navigator: Interest rate outlook breathing down technology stocks' necks
Against the backdrop of heightened inflation concerns and the outlook for higher interest rates resulting from a dynamic recovery of the global economy from the corona crisis, investors continue to shift from winners of the pandemic, mostly from the technology sector, into beneficiaries of a post-crisis normalization. Meanwhile, most economic data confirm the assumption of a sustained recovery in most economies, and the corporate reporting season has also been quite positive so far.
Read more
All news
May 4, 2021
LGT Navigator: Markets and central banks caught between economic recovery and inflation concerns
Investors and central banks are currently caught between two conflicting priorities. On the one hand, the improved prospects for the global economy, confirmed by recent economic data and thanks to the successful vaccination efforts to contain the corona pandemic, are giving rise to optimism, while on the other hand, concerns about a sustained rise in inflation, which could force central banks to withdraw their expansionary course, are weighing on sentiment. Federal Reserve Chairman Powell, on the other hand, reiterated the need to maintain an ultra-loose monetary policy.
Read more
All news
May 3, 2021
LGT Navigator: Inflation worries cloud start to month on stock markets
May is considered to be a rather difficult month for stock markets and at least the start of the month seems to indicate this. Thus, equity markets in Asia started at the beginning of the merry month of May mostly in the red zone and thus followed the negative guidance of Wall Street at the end of last week. Further strong economic data, especially from the US, provide optimism, but also increase fears of rising inflation and thus an earlier than anticipated end to the extremely loose monetary policy of major central banks.
Read more
All news
Apr 30, 2021
LGT Navigator: US economy picks up speed and Amazon delivers record profit
Although the US economy did not grow as strongly as economists had forecast in the first quarter, momentum has picked up noticeably compared with the final quarter of last year. If the trend continues and the pandemic can be overcome thanks to increasingly rapid vaccination coverage, central banks will also soon have to take their foot off the gas. With Amazon, another heavyweight among the large technology stocks was able to convince with its quarterly earnings report, showing a record profit.
Read more
All news
Apr 29, 2021
LGT Beacon: Growth outlook will outweigh tax headwind
Today, we review the US fiscal policy plans in terms of their potential impact on the economy and markets. Although investors may respond with intermediate asset sales if the tax hikes prove too aggressive, the positive cyclical outlook should prevail. Against this background, we further fine-tune our reflationary investment positioning.
Read more
All news
