Monthly Archives: August 2015

Opinion: Isn’t a discretionary trader the real ‘black box’?

By | Allgemein, Opinion | No Comments

Gernot Heitzinger
Managing Director,
smn Investment Services

After years of bullish markets around the globe combined with a constant decrease in volatility, some spice has come back to global markets recently. Be it the bursting bubble in China, the endless story about Greek debt or maybe the epiphany that printed money will never be able to change anything in the real world. In the end it will not make a difference to find out the trigger for the turnaround, but at some point investors will again have to face the fact that every bull market comes to an end at some point. But how to react? Read More