Aggressive Tapering?
After a short summer break I welcome all readers back to my weekly review and hope that, despite the not so sunny weather, everyone of you had a 'great summer'. However, summer was good for most investors if one was invested in European and American markets. There are not many days, where the big indices are not making all-time highs. On the other hand, the summer was not that good for those who invested into Asian markets: Japan has been struggling with a rise in covid cases, which may has led to a four per cent decrease in the Nikkei compared to the beginning of the summer. In recent weeks, China has started to lock down some regions again due to an increase in covid cases which may be a bad sign for the world economy. Although much more negative has been the rising interference of the communist party to specific chinese enterprises. As a result, they faced an intense sell-off of their stock. As the main engine of the world economy is struggling, and this has implications ...