WHAT HAPPEND?

Now nine months into 2022, investors are more and more concerned about the economicdevelopments on a macro perspective. With all the negative news and prospects, one wonders why stock markets are actually not much lower. What is more surprising that according to Barclays, the global cumulative equity flow does not show any recession outflows. Recession is usually accompanied by big redemption cycles. Does this mean, we are just at the beginning?

Despite all this market turmoil, RESIST US 100 achieved an attractive 2022 YTD return of +6,7 % (as per 30.09.2022).

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