EXCELSIOR FINANCIAL EDITORIAL – MAY 2023

We all know the outcome: You have certainly heard about the debt ceiling in the news in recent weeks. US lawmakers are currently arguing about the debt ceiling because the government has reached its borrowing limit and needs Congress to authorize an increase in the...

EXCELSIOR Financial Editorial – april 2023

When the safest assets aren’t any more: The fall of Silicon Valley Bank came as a surprise, but the reasons why are not all that surprising. It’s the story of a bank mismanaging its assets and creating panic. Oh, and the Fed also shares some responsibility. In the...

EXCELSIOR Financial Editorial – March 2023

Where are we going? This thought must be in most investors’ minds at the moment and probably the last couple of quarters as well. Last year as inflation was taking off and central banks hiked interest rates at an unprecedented speed, it seemed economies had to be...

EXCELSIOR FINANCIAL EDITORIAL FOR FEBRUARY 2023

No landing for the economy? Economists and investors have been divided about a recession or no recession in the US and a subsequent hard landing or soft-landing scenario for the economy. However, a third opinion has started to emerge of late and that is that the...

excelsior financial editorial – december 2022

What has happened to bonds? 2022 has been a difficult year for financial markets and especially for bonds. The asset class usually seen as a safe haven for investors is suffering only its second double digit decline since 1931 and marking a negative year for only the...

EXCELSIOR FINANCIAL EDITORIAL FOR NOVEMBER 2022

Will there be a dovish pivot? After several weeks of declines, equity markets recovered some ground in October. This happened despite the Federal Reserve confirming tighter monetary policy was needed and economic data coming in mixed. On the other hand, company...