Is a new banking crisis looming in the USA?
The US Federal Reserve is raising hopes of an interest rate cut in September and the DAX has already jumped to a new all-time high. Shares from Eastern Europe clearly outperformed again, with the Budapest Stock Exchange and the Kazakhstan Stock Exchange in particular rising sharply recently. In the USA, however, Republic First Bankcorp, a small regional bank from Philadelphia, also went bankrupt, which did not worry investors but shows how vulnerable the US banking market still is despite superficially good economic data. Banks from Eastern Europe with higher equity ratios and returns appear to be much more crisis-resistant.
ESTV 231 – Is there a new banking crisis in the USA?
Sell on May and go away?
The Invest trade fair on 26/27 April in Stuttgart was very well attended with over 13,000 visitors and 137 exhibitors. There were 250 programme items at the trade fair, with trading strategies and new trends on the crypto markets being in particularly high demand. However, interest in equities also appears to be increasing among German investors. There were many interesting investment topics at the Freedom Broker stand, where Mick Knauff, among others, also whetted the appetite for shares again.
ESTV 230 – Sell on May and go away?
Iran attacks Israel: Is there now a threat of a conflagration or even a 3rd world war?
The war with Israel is now threatening to escalate after Iran attacked Israel for the first time on the night of 13 to 14 April with around 300 missiles such as drones and rockets. However, almost all of the missiles were intercepted and destroyed beforehand, which was a success for the Israeli air defence, with the help of American and British aircraft.
ESTV 229 – Iran attacks Israel: Is there now a threat of a conflagration or even a 3rd world war?
Never put all your eggs in one basket, but also in Eastern Europe!
The terrible and brutal terrorist attack in Moscow is likely to have consequences, although it is still not entirely clear who is behind the terrorist attack apart from IS, which has sent a letter of confession. Russia suspects that the American secret service, in co-operation with the Ukrainian secret service, is actually behind the attack. The perpetrators from Tajikistan at least wanted to flee to Ukraine and have also made confessions that point in this direction. Putin’s first response was to intensify attacks on the infrastructure in Ukraine.
ESTV 228 – Never put all your eggs in one basket, but also in Eastern Europe.
World stock markets are going crazy and Western politicians even more so
It is quite astonishing: despite the increase in geopolitical and monetary risks, some markets such as the stock markets, Bitcoin and gold are rushing from one all-time high to the next, whereby Bitcoin and gold can at least still be categorised as “fear and anti-crisis investments”, but the new all-time high on the stock markets does give pause for thought. Investors also seem to have quickly forgotten the banking crisis in the US exactly two years ago. Now, however, a new banking crisis is looming due to the slump in commercial property in the USA. At the moment, however, investors are just as unconcerned about this as they are about the great potential for escalation in the war in Israel and Ukraine.