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ECB prepares rate hike for July, ends asset purchases

The ECB has decided to raise interest rates for the first time in eleven years in an attempt to tackle persistent inflation. Asset purchases will also be halted from 1 July. The decision made in Amsterdam on Thursday marks the end of a long-standing period of monetary easing and negative interest rate policy.

Top 5: US equity funds risk-adjusted

Over the past five years, US equities have shown superior performance. Measured over the five years ending May 2022, the S&P 500 index achieved an annualised total return of 13.9% in euros, compared with 10.8% for the MSCI World index. The return of the MSCI Europe index compares favourably with 5.1%. Only in 2017 did US equities perform less well, but in the years thereafter it was America First.

'We are in a struggle between authoritarianism and democracy'

Hillary Clinton, former US State Secretary, took the stage on Friday at the 2022 Amundi World Investment Forum in Paris to share her views on some of the biggest geopolitical challenges that the world is facing today. “We are in a struggle between authoritarianism and democracy.”

Han Dieperink: equity market may fall further

Since 1926, the S&P 500 index has fallen by more than 20 percent fifteen times. On average, the index fell 34 percent in seventeen months during such a period. As many as eleven of the fifteen times the market paused somewhere between 15 and 20 percent price decline, just as it is doing now.

Then some of the earlier losses were made up for. On that basis alone, there is a good chance that the fall will continue.  

The EU’s Capital Markets Union: ready for the next push

It’s been nearly a decade since the European Commission set out its ambitious plans for a Capital Markets Union (CMU), diversifying sources of funding in Europe’s economy. Progress so far has been slow and Brussels now has conceded it needs help to persuade member states and its citizens of its merits before it can make another push