Following the reassuring inflation data, central banks and markets want to believe a soft landing is possible.
27.11.2023 | 09:48 Uhr
The Middle East risk premium has fallen significantly and the Israeli shekel and oil prices are now below levels prior to the October 7 attack by Hamas.
With the fallback in inflation and the Fed’s monetary pause, we raised exposure to risk assets as the slowdown is very gradual.
Advertising communication. This document is issued by the Edmond de Rothschild Group. It is not legally binding and is intended solely for information purposes. This document may not be communicated to persons located in jurisdictions in which it would be considered as a recommendation, an offer of products or services or a solicitation, and in which case its communication could be in breach of applicable laws and regulations. This document has not been reviewed or approved by a regulator of any jurisdiction.
The figures, comments, opinions and/or analyses contained herein reflect the sentiment of the Edmond de Rothschild Group with respect to market trends based on its expertise, economic analyses and the information in its possession at the date on which this document was drawn up and may change at any time without notice. They may no longer be accurate or relevant at the time of reading, owing notably to the publication date of the document or to changes on the market. This document is intended solely to provide general and introductory information to the readers, and notably should not be used as a basis for any decision to buy, sell or hold an investment. Under no circumstances may the Edmond de Rothschild Group be held liable for any decision to invest, divest or hold an investment taken on the basis of these comments and analyses. The Edmond de Rothschild Group therefore recommends that investors obtain the various regulatory descriptions of each financial product before investing, to analyse the risks involved and form their own opinion independently of the Edmond de Rothschild Group. Investors are advised to seek independent advice from specialist advisors before concluding any transactions based on the information contained in this document, notably in order to ensure the suitability of the investment with their financial and tax situation. Past performance and volatility are not a reliable indicator of future performance and volatility and may vary over time, and may be independently affected by exchange rate fluctuations. Source of the information: unless otherwise stated, the sources used in the present document are those of the Edmond de Rothschild Group. This document and its content may not be reproduced or used in whole or in part without the permission of the Edmond de Rothschild Group. Copyright © Edmond de Rothschild Group – All rights reserved.
The personal data collected during our exchanges are processed by Edmond de Rothschild (France) and Edmond de Rothschild Asset Management (France). This data is processed for the following purposes: i) managing the business relationship, ii) optimising the commercial follow-up in order to offer adapted products and services (notably sales leads), iii) anonymised statistical studies, iv) internal management (pooling of intra-group resources, performance of tasks linked directly or indirectly to the execution of this Agreement, execution of sub-contracted tasks), v) fighting against money laundering and the financing of terrorism, vi) knowledge of the client/business relationship, vii) meeting legal and regulatory obligations. In compliance with the applicable regulations, you have the right to ask us to access, rectify or erase your personal data, as well as limit the processing related to these data. You also have the right to object to the processing (unless it is necessary to comply with our legal and/or regulatory obligations) and the right to the portability of your data. For any additional information, you can contact us at the following email address: https://www.edmond-de-rothschild.com/en/cookies-policy-and-data-protection.