In May, the Conference Board Leading index in the United States fell: what are the impacts for investment choices?
The slowdown in progress is the most extensive negative series since 2009 and has accumulated -9% since the December peak. It has never fallen more than 2-3% from its highs in the past without a recession following.
We are a private Bank focused on Private Banking. Based in Milan, we have been in the business for 100 years. We are part of an international group specialising in Wealth Management that includes the Switzerland-based PKB Private Bank SA as well as other Entities providing Asset Management and fiduciary services. This allows us to offer solutions typical of a broader financial network.
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