Wealth and Asset Management
Cantonal bank CIO: corrections are painful but necessary
The monetary policies adopted by central banks after 2008 have distorted the financial markets according to St. Gallen Kantonal Bank CIO, Thomas Stucki. The Fed’s interest rates policy in particular has affected the equity market globally, according to his view. ‘The normalisation of these corrections leads to painful distortions,’ Stucki…
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