STOCK MARKET REPORT by CEO Silvano Grimaldi of the independent asset management company GRIMALDI & PARTNERS Ltd.

STOCK MARKET REPORT by CEO Silvano Grimaldi of the independent asset management company GRIMALDI & PARTNERS Ltd.

MONTHLY REVIEW

The international stock markets ended the month of OCTOBER with gains.

DRIVING FACTORS

The hope of a slower rate of interest rate hikes by the central banks in the near future .
The hope of a mild downturn in the US economy and the global economy as a whole.
Speculations about a move away from the Chinese regime's zero-Covid policy.

EQUITIES IN FOCUS

ABB increases pace of growth in third quarter

ABB continues to move at a brisk pace. Thanks to a certain relaxation in the supply chains, sales grew even faster in the third quarter than in the second. However, the net profit was significantly below the previous year due to a one-off charge.

(...)

MONTH OUTLOOK

(...)

STOCK RECOMMENDATION

(...)

Please order the full version of our stock market blog or subscribe.

Simply send us your request by email to info@grimaldi-partners.ch

Thank you for your interest!