STOCK MARKET BLOG SEPTEMBER 2023

by the CEO Silvano Grimaldi of the independent asset management company GRIMALDI & PARTNERS AG

MONTHLY REVIEW

The international stock markets ended the month of SEPTEMBER with losses.

BURDENING FACTORS

Concerns about inflation, fueled by rising oil prices, proved to be a burden .
Rising inflation could force the US Federal Reserve to keep interest rates at their high level for a longer period of time , thereby further slowing the already weakening economy.
In addition, continued high oil prices and good economic data are keeping interest rate concerns alive.

EQUITIES IN FOCUS

SWATCH shares on the rise after solid data from China

Swatch shares are benefiting from positive economic data from China. The data suggests that China's .......................................................................

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