Pfäffikon SZ, Switzerland – It probably escaped your attention, but in the Austrian Alps there is taking place a true Lehman debacle for some time now. In the nineties of the last century, Hypo Alpe Adria Bank had an aggressive form of credit lending, particularly focused on the Balkans. Eventually, this business ended ingloriously. As […]
Pfäffikon SZ, Switzerland – Het is wellicht aan uw aandacht ontsnapt, maar er voltrekt zich al enige tijd een waar Lehman debacle in de Oostenrijkse Alpen. Hypo Alpe Adria Bank kende in de jaren negentig van de vorige eeuw een agressieve vorm van kredietverlening, met name gericht op de Balkan, maar ging uiteindelijk roemloos ten […]
Weekly Market Outlook: Pfäffikon SZ, Switzerland – The IMF was fair and transparent about the economic outlook; the recovery of the world economy is too slow and remains fragile and the probability of a recession increases. The collapsed M&A activity underlines the reticence in Q1 2016. It is remarkable that the past shows that the […]
Pfäffikon SZ, Switzerland – It is not excluded that the political course of 2016 will provide the financial markets with the necessary surprises. A Grexit might be addressed even before a Brexit though it seems a Grexit disappeared from the radar. However, the greatest impact may have the U.S. election. When Trump or Sanders are […]