Markets generally consolidated between March / April and September 2017. This is true in Switzerland, Europe and the United States. North Korea, Trump Tweets, were among the factors that led investors to be in wait-and-see mode. However, the markets went up again in September and broke their resistances on the charts. Banks in Europe are interesting (Deutsche Bank, Banco BPM in Italy) as well as automobile stocks (Peugoet, Valeo). In the United States, mining stocks and infrastructure are interesting (Vulcan Materials, US Steel), as well as oil companies.

This is not a recommendation but just our opinion. Please consult with your financial advisor before investing!

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