Market Compass 10/23.Rising interest rates burden equity markets.

Rising interest rates burden equity markets

We are pleased to count you among our Market Compass readers. The monthly publication provides interesting insights and suggestions regarding the current market environment.

The highlights of this issue:

• A short market review of the most significant events in the past month
• Our tactical positioning towards the asset classes cash, bonds, equities and alternative investments, as well as a short market outlook
• Did you know that the average stock in the US S&P 500 Index has gained only 1.8% since the beginning of the year?

Do not hesitate to contact us if you have any questions about the topics discussed. We are happy to assist you with our expertise.