
The Swiss View – Good News is Good News, Unless...
The Olympics have wound down successfully, but geopolitical tensions are on the rise, and the markets have gone wild as well. The Japanese Yen saw a comeback while the NIKKEI 225 tumbled. This saw the carry trade heavily affected and sent the US dollar lower. The global economy seems to be showing quite a bit of strain with even the success-spoiled Switzerland showing low economic levels of growth with an expected 1.2% GDP expansion in 2024. In the investor's world, sometimes, the good news is bad news, the bad news is no news, and the good news is good news. The interpretation of the investor's world is always an ensemble of many different factors, and we will be covering them in this edition of The Swiss View.