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 APRIL with gains.

DRIVING FACTORS

  • General inflation has cooled noticeably in the USA.
  • Manufacturer-level inflation in the US also weakened more than expected in March. Producer prices influence consumer prices.
  • Investors are now wondering whether the Fed could perhaps pause interest rates in May or only raise interest rates slightly.
  • Convincing quarterly figures from well-known US (tech) companies have turned out to be convincing.

EQUITIES IN FOCUS

APPLE relies on India, “triple iPhone production”

Apple is accelerating its reduction in Beijing dependency by tripling its iPhone production in New Delhi. According to Bloomberg reports, ...

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MONTHLY OUTLOOK 

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STOCK RECOMMENDATION: APPLE

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