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#Market Strategy — 15.01.2014

Market Strategy Video January 2014

Guy Ertz


We foresee a reduced uncertainty in 2014. Two main sources could explain it: a first reduction of its monthly bond purchases by the Fed, and the fact that the European central bank will probably need to inject more money and reduce its interest rate further. Why? Furthermore, we see 3 main risks going forward. The 1st one is linked to the exit strategy of the U.S. Fed, the 2nd could come from a renewed economic weakness in the Eurozone and the 3rd is linked to a more pronounced slowdown in China. What could be the impacts? Last of all, equities are still the place of choice. Which markets should one favor? And are there other opportunities outside of equities?