Market Outlook 2021

VSWA Livestream
1/13/2021 Reading time: 2 minute(s)

Wednesday, January 13, 2021
11:30am ET, 8:30am PT, 5:30pm CET

With vaccines most likely being applied during 2021 around the globe, the economy can hopefully recover from this sharp, virus led recession.

This recovery may also mark the beginning of a new economic cycle, potentially offering more upside for the stock market. However, we should also consider potential future risks such as inflation or currency devaluation.

We are in a period of rapid innovation and massive changes. In our opinion, we should be ready for those changes and position our investments accordingly. Please join us in our discussion.



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Thorsten Krauss, PhD

Chief Investment Officer

Thorsten Krauss, Chief Investment Officer, has been with Vontobel Swiss Wealth Advisors since 2018. He serves as the Chairman of the Vontobel Swiss Wealth Advisors Investment Committee and as the Head of Investment Management. Prior to Vontobel, Thorsten Krauss served first as a Senior Portfolio Manager and later as Head of Portfolio Management at Notenstein La Roche Privatbank. Earlier he was head of Portfolio Management at LBBW (Switzerland). Thorsten started his career at SGZ Bank In Frankfurt, Germany. Thorsten Krauss is a Certified European Financial Analyst (CEFA) and holds a PhD in Engineering from University of Karlsruhe, Germany.


Portrait shot of Reto Cueni, Chief Economist at Vontobel

Reto Cueni, PhD

Chief Economist

Reto Cueni is the Chief Economist at Vontobel and a member of the Investment Strategy and Asset Allocation Team within Vontobel Wealth Management. Prior to joining Vontobel, from 2009 to 2014, Reto Cueni worked as an empirical researcher and lecturer at the Economics Department of the University of Zurich. His research was awarded a research fellowship from the Swiss National Science Foundation (SNF). He is still a regular guest lecturer at the University of Basel and at the Zurich University of Applied Sciences (ZHAW). He started his career in 2006 as a quantitative analyst at Vontobel’s Equity Research. Reto Cueni studied at the University of Zurich, Universita degli Studi in Siena and at the Columbia University in New York. He holds a Master’s Degree and a PhD in Economics from the University of Zurich.



Matthias Ribback, CFA

Member of the Portfolio Management Team

Matthias Ribback is a member of the Portfolio Management Team at Vontobel Swiss Wealth Advisors. He is responsible for our fixed income investments and is a PM of our mandates. Prior to Vontobel, Matthias Ribback was a Portfolio Manager at Notenstein La Roche Privatbank and an Investment Consultant at Credit Suisse. He is a CFA* Charterholder and holds a Master of Science Degree in Banking and Finance from Hochschule Luzern as well as Lingnan University in Hong Kong. He holds a Bachelor of Science Degree in Business Administration & Economics from University of Bern.