GRIMALDI & PARTNERS: Stock markets offer investors new opportunities

By Silvano GrimaldiCEO Grimaldi & Partners 

Zurich – The low in October seems to have been the low for the year. Will there be a year-end rally this year? Is the worst over now? Will the positive trend continue in the coming year? Silvano Grimaldi, CEO of the independent asset management company Grimaldi & Partners AG, gives you the answers to these questions.

It's time to invest again instead of relying on cash any longer.

In order to maintain the  real value of the invested capital  in the long term, investments should currently be made in intrinsic values ​​- and in particular in  equities. It is true that not a few  bonds from Swiss companies  can still achieve respectable real yields to maturity  – due to price developments and the comparatively low inflation rates thanks to a strong Swiss franc. However, taking into account the costs of hedging exchange rate risks and the higher inflation rates in the USA and  the euro zone,  government and corporate bonds from these currency areas will not be particularly attractive for private investors in real terms for the foreseeable future.

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