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Market Outlook December 2025

Balancing Risks and Rewards As 2025 draws to a close, global markets have demonstrated resilience amid persistent uncertainty. Despite trade tensions, geopolitical risks, and inflationary pressures earlier in the year, ...
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Market Outlook November 2025

Resilience amid volatility October marked the longest government shutdown in U.S. history, but markets didn’t seem to mind much. Despite the absence of official economic data, investor sentiment remained resilient, ...
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Market Outlook October 2025

AI-driven growth meets financial fragility Despite headwinds like a government shutdown and weak private employment data, global markets continue to climb, buoyed by expectations of interest rate cuts and enthusiasm ...
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MARKET OUTLOOK SEPTEMBER 2025

LEGAL TUG-OF-WAR IN THE UNITED STATES Last week, a U.S. appeals court ruled that many of Trump’s import tariffs were “illegal,” stating that he had exceeded his authority in imposing ...
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Half-Year-Results 2025

BENDURA BANK Reports Positive Half-Year Results BENDURA BANK AG successfully concluded the first half of 2025, reporting a net profit of CHF 5.7 million as of June 30. The boutique ...
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MARKET OUTLOOK AUGUST 2025

BULL MARKETS CLIMB A WALL OF WORRY Things get critical when almost everyone believes that prices will rise much higher. At that point, most market participants who were willing to ...
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Market Outlook July 2025

Markets remain remarkably resilient despite geopolitical shocks and policy uncertainty In recent months, investors have adopted a new mantra: “Nothing ever happens” – at least when it comes to market ...
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Market Outlook June 2025

Markets in a holding pattern: calm before the storm or a new normal? Despite a flurry of often conflicting messages from the White House on trade, monetary policy, and geopolitics, ...
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Market Outlook May 2025

The shift from “America First” to “America Last” has been starkly reflected in the US stock market’s performance. US equities have underperformed global markets by the largest margin in over ...
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Market Outlook April 2025

Those hoping for prosperity under Trump have had an unpleasant shock. The so-called liberation day and reciprocal tariffs on about 90 countries were the triggers of a record market selloff. ...
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