November monthly reports published
In November equity markets stabilized while credit markets took a tumble, triggered by the GE downgrade and corporate bond issuance initiated from VW. A comment from FEDs Powell was interpreted that we are getting closer to a halt in US rate hikes at the same time. Meanwhile there is still uncertainty in the financial markets mainly from the trade war between China and US, the upcoming Brexit vote and the Italian budget deficit discussions.
Excalibur returned -1,12% in November and Trude -1,66% mainly due to lower Swedish government yields and higher credit spreads. Log in with your password and read the entire monthly reports for Excalibur and Trude with market comments, numbers and thoughts ahead.