Financial markets

Comments and news about the financial markets

Who created the inflation?

During the last years we have witnessed a period of inflation never seen in the last 40 years. With the benefit of hindsight, it might be interesting to reflect on what caused this spike in inflation.

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|||comentario de mercado septiembre 2022|Rendibilitat acumulada carteres
Portfolio Comment September 2022

2022 is proving to be the worst year of the last decades for diversified portfolios. In the past, we experienced equity indices losses that were much more severe than the current ones, but we never experienced this kind of correlated moves in which bonds fall together with stocks.

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currency war|guerra de divisas
The new currency war

The meaning of the concept of currency war has been reversed during the last few months.  Until a few months ago the world was basically a deflationary one. Even if now the big issue seems to be inflation, deflation is probably even a bigger problem. Deflation means that prices tend to fall overtime. In such…

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war in ukraine
Russia – Ukraine conflict: first news

During the night of 23-24 February 2022, Russia attacked Ukraine, triggering the Russia-Ukraine conflict. The worst-case scenario has come true. The attack comes after separatist leaders of Ukraine’s eastern republics asked Putin for military assistance. Ukraine, for its part, had said it had no intention of invading the separatist regions.

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