Same picture as every report: Financial markets keep going. US stocks reaching new all-time highs. Other equity indices are close or at least trending higher. Yields are nearly unchanged. Crude oil lower – see also our analysis in our last report.   The US Fed has increased interest rates by 0.25 percent. The rate hike […]

Financial markets keep going. US stocks reached now all-time highs. Other equities are close or at least trending higher. Yields are nearly unchanged.   Last week Organization of Petroleum Exporting Countries (and some NOPEC countries) met in Vienna to extend crude oil output cuts for another nine months beyond June. Saudi Arabia accounts for most […]