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T&V Letter | Q4 2025
Equity markets are increasingly shaped by dominant narratives and rising concentration, with artificial intelligence at the centre of investor attention. A look at history shows that such phases are rarely permanent and often coincide with a widening gap between market leaders and fundamentally solid companies. This environment creates selective opportunities for long-term, quality-focused investors.
Thalmann & Verling Trust reg.
Jan 164 min read
T&V Letter | Q3 2025
AI is reshaping jobs, stablecoins are reshaping money: While fears of automation grow, the U.S. is using digital dollars to strengthen its financial power — and Ethereum is becoming the quiet backbone of this shift.
Thalmann & Verling Trust reg.
Oct 15, 20254 min read
T&V Letter | Q2 2025
The Swiss franc remains stable despite global currency weakness, thanks to solid public finances and credible monetary policy. The strong U.S. technology sector continues to be attractive for investors, even though exchange rates can impact returns.
Thalmann & Verling Trust reg.
Jul 14, 20254 min read
