First positive signs?

Dear Ladies and Gentlemen

Many thanks for your kind messages to my last weekly mail “Full Stop or the Road to Zero”.

I think there are some first positive news out there, but they are not yet strong enough to stand up against the bad news.

Still, Apple announced the successful reopening of all of its 42 stores in China. Italy seems to have finally been able to stop growth of new Covit-19 infection cases. A stagnation is already a success and probably proves right the concept of social distancing. China is getting back into production mode and restaurants and bars in Hong Kong are open for business and full of people again.

The U.S. government and the Federal Reserve have taken measures to help the economy and to avoid anything like a liquidity crisis and the European Central Bank has just announced on Wednesday evening the injection of some EUR 750’000’000’000.00 into the system and if necessary, even more.

These are absurd numbers. However, absurd or not this money will eventually find its way into financial markets and guess what I think that will lead to?

Please let me know what you think!

And now as last week – let us again quickly see what has happened to financial markets so far this year? Here are some figures for 2020: Dow Jones: – 29.61%, EuroStoxx 50: – 34.47%, DAX: – 35.01%, SMI: – 17.3%, Crude Oil (Brent) – 56.94%.

Dear Ladies and Gentlemen I wish you a good start into the day and above all good health!

Please feel free to share your ideas and investment experiences with me, but please don’t forget (instead of hitting the reply button) to send your messages to:

smk@incrementum.li

Many thanks, indeed!

And now, Ladies and Gentlemen I wish you a great day and weekend.

Yours truly,

Stefan M. Kremeth
Wealth Management
Incrementum AG

Tel.: +423 237 26 60
Cell: +41 79 303 48 39
Im alten Riet 102
9494 Schaan/Liechtenstein
Mail: smk@incrementum.li
Web: www.incrementum.li