From euphoria to disillusionment – disappointment hits US investors
The euphoria on the US market has evaporated. There is a growing focus on recession and inflation risks.
Investment compass – March 2025
The monthly publication includes a topical editorial, our positioning including the conclusions from the analyses, a market overview of the most important asset classes, an assessment of the current economic situation in various regions, and our current model portfolios.
Trump’s volatile trade policies are causing huge uncertainty on the markets.
Positioning
The winds have shifted
The new US government’s trade policies are causing palpable uncertainty on the markets. We are strengthening our cautious stance and increasing our underweight in US equities.
Market overview
Divided picture
The financial markets faced some turbulent conditions last month.
Economy
Growing economic uncertainty
The trade war instigated by US President Trump and weak economic data are clouding the outlook.
Model portfolios
Caution on the US stock market
The US trade policies are leaving their mark on the financial markets, and weighing in particular on the outlook for the US stock market. We are reducing our position in US equities.
“Investing with foresight” short video
In our video, our CIO provides an update on the current situation on the financial markets and explains events in just a few minutes.
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Investment compassInformation relevant to your investment decisions. The “PostFinance market view”, complete with our position on and assessment of the financial markets and the overall economic situation.
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