{"id":9597,"date":"2026-06-08T12:59:23","date_gmt":"2026-06-08T10:59:23","guid":{"rendered":"https:\/\/pointcapital.ch\/stock-market-outlook-06-2026-between-records-and-risks\/"},"modified":"2026-06-08T13:17:14","modified_gmt":"2026-06-08T11:17:14","slug":"stock-market-outlook-06-2026-between-records-and-risks","status":"publish","type":"post","link":"https:\/\/pointcapital.ch\/en\/stock-market-outlook-06-2026-between-records-and-risks\/","title":{"rendered":"Stock market outlook 06\/2026: Between records and risks"},"content":{"rendered":"[vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' row_position_desktop='default' row_position_tablet='inherit' row_position_phone='inherit' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' flex_gap_desktop='10px' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][fancy_box box_style='color_box_hover' icon_family='iconsmind' color='accent-color' color_box_hover_overlay_opacity='default' box_alignment='left' border_radius='none' image_loading='default' icon_iconsmind='iconsmind-Information']\n<h2>Briefly summarized:<\/h2>\n<hr>\n<ul>\n<li>\n<h4>Some share indices reach new all-time highs<\/h4>\n<\/li>\n<li>\n<h4>Broad optimism led to 'risk-on' mode<\/h4>\n<\/li>\n<li>\n<h4>Focus on the new chairman of the US Federal Reserve<\/h4>\n<\/li>\n<\/ul>\n[\/fancy_box][vc_column_text css='' text_direction='default']<em>June 8, 2026<\/em><\/p>\n<h2>What has been the focus in recent weeks<\/h2>\n<p>The traditionally volatile month of May showed an unusual side this year: the stock markets continued to rise. Geopolitical hopes were the main driver for this. The technology sector was also very strong. AI continued to keep the markets on their toes.[\/vc_column_text][\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' row_position_desktop='default' row_position_tablet='inherit' row_position_phone='inherit' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' flex_gap_desktop='10px' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][vc_column_text css='' text_direction='default']\n<h2>Our investment solutions and positioning<\/h2>\n<p>Our <a href=\"https:\/\/pointcapital.ch\/en\/multi-asset-strategy-investing-in-asset-classes\/\" target=\"_blank\" rel=\"noopener\"><strong>multi-asset solutions<\/strong><\/a> continued to grow across the various profiles in May. The higher the equity component, the stronger the growth. This corresponds to the classic behavior in a 'risk-on environment'. Even though the Swiss equity market was somewhat subdued in an international comparison, it was still able to contribute to the positive result. However, the strongest performers over the past few weeks have been US technology stocks, which gained over ten percent in May alone.    <\/p>\n<p>In our <strong><a href=\"https:\/\/pointcapital.ch\/en\/fund-investment-solution\/\">Cross-Asset Fund Navigator<\/a><\/strong> we were also able to benefit from the strong equity markets, while bonds and precious metals only found limited support. Our fund positions, particularly in the US technology sector, performed exceptionally well in May. We remained underweight the so-called 'Magnificent Seven' and favored companies such as Akamai Technologies, Qualcomm, Micron Technology and NetApp, which each gained 40% or more over the course of May.  <\/p>\n<p>Also in our equity strategy <a href=\"https:\/\/pointcapital.ch\/en\/momentum-strategy-achieving-long-term-returns\/\" target=\"_blank\" rel=\"noopener\"><strong>Global Equity Trends<\/strong><\/a> shares from the 'Information Technology' sector were the strongest return drivers. On the other hand, utilities, global energy stocks and real estate-related stocks brought up the rear. As a result, utilities and real estate stocks had to give up their places in the portfolio to global growth stocks and international quality stocks. Due to the strong long-term trend, energy stocks still qualify for our selection.   <\/p>\n<p>As mentioned, the Swiss equity market has lagged slightly behind the international market in recent weeks, which has also had an impact on our equity strategy <a href=\"https:\/\/pointcapital.ch\/en\/quality-shares-the-best-choice-for-your-investment\/\" target=\"_blank\" rel=\"noopener\"><strong>Swiss Equity Selection<\/strong><\/a> equity strategy. However, despite the weakness of the three Swiss heavyweights Nestl\u00e9, Novartis and Roche, we were able to make gains overall. We owe this to stocks such as the luxury goods group Richemont, UBS and the industrial company ABB. Overall, we see further catch-up potential for the Swiss equity market over the coming months.   <\/p>\n<p>Also in the equity strategy <a href=\"https:\/\/pointcapital.ch\/en\/quality-shares-the-best-choice-for-your-investment\/\" target=\"_blank\" rel=\"noopener\"><strong>Global Equity Selection<\/strong><\/a> we can look back on a successful May. We benefited from the performance of technology stocks such as ASML, Nvidia and Microsoft, among others. However, other big names such as the mining company BHP Group and Apple also gave the portfolio a strong boost. For once, Google's parent company Alphabet had to take its place at the bottom of the list of yields. However, after the positive jump in the share price that followed the quarterly figures, we see the current weakness as a healthy breather.[\/vc_column_text][\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' row_position_desktop='default' row_position_tablet='inherit' row_position_phone='inherit' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' flex_gap_desktop='10px' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][vc_column_text css='' text_direction='default']\n<h2>What next? And what needs to be considered? <\/h2>\n<p>The situation on the markets remains challenging in many respects. There are some supportive fundamentals such as positive company results and surprisingly good economic data in many places. In addition, AI can be expected to have an increasingly positive impact on the economy and become a real driver of growth. On the other hand, inflation has picked up again worldwide and a truly complete opening of the Strait of Hormuz seems a long way off. And for whom the gigantic investments in AI will really pay off is still completely open. At the same time, there is a 'risk-on' mood on the markets that anticipates many positive things.     <\/p>\n<p><strong>' The markets are pricing in a lot of optimism \u2013 so it is all the more important to keep a disciplined eye on opportunities and risks. '<\/strong><\/p>\n<p>Now that the company results have generally been positive, we must also take a look at liquidity on the markets. Both are very important drivers for further development. And the central banks play a central role here. In this context, it will be interesting to hear what the new Chairman of the US Federal Reserve, Kevin Warsh, has to say after the next meeting in mid-June. So far, he has kept a very low profile in terms of communication.    <\/p>\n<p>We monitor these issues closely for you and aim to benefit from the opportunities on the one hand and not neglect the risks on the other.[\/vc_column_text][vc_column_text css='' text_direction='default']<em>Point Capital Group<br \/>\n8. June 2026<\/em>[\/vc_column_text][nectar_circle_images images='621,620\u2033 positioning='standard' alignment_desktop='left' alignment_tablet='inherit' alignment_phone='inherit' animation='none' image_size='large' image_loading='default'][vc_column_text css='' text_direction='default']Our experts: <a href=\"https:\/\/pointcapital.ch\/en\/team\/\">Jules Kappeler<\/a> (CEO) & <a href=\"https:\/\/pointcapital.ch\/en\/team\/\">Christian Sutter<\/a> (Portfolio Manager)[\/vc_column_text][\/vc_column][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' flex_gap_desktop='10px' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' bg_color='rgba(63,75,111,0.2)' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' row_position_desktop='default' row_position_tablet='inherit' row_position_phone='inherit' overflow='visible' class='border-box' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none' shape_type=''][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' flex_gap_desktop='10px' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid']<div class=\"vc_row-fluid box-element-row newsletter-box\" style=\"text-align:left\"><div class=\"box-body\"><div class=\"box-body-inner-wrapper\"><div class=\"box-body-inner\"><p class=\"box-sub-title\">Newsletter<\/p><h3 class=\"box-title\">Gut informiert: Aktuelles zur Verm\u00f6gensanlage<\/h3><div class=\"box-content\">Mit uns sind Sie stets gut informiert! Wir liefern Ihnen News und wichtige Infos rund um das Thema Verm\u00f6gensanlage.<\/div><\/div><a style=\"background-color:#3f4b6f;color:#ffffff\" class=\"open-newsletter-form custom-box-btn \" href=\"#\"  ><img decoding=\"async\" src=\"https:\/\/pointcapital.ch\/wp-content\/themes\/salient-child\/img\/arrow-btn.svg\" \/>Newsletter abonnieren<\/a><\/div><div class=\"box-image\"><img decoding=\"async\" src=\"https:\/\/pointcapital.ch\/wp-content\/uploads\/2021\/03\/PCG_Newsletter.svg\" width=\"100%\" alt=\"Newsletter\"><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' row_position_desktop='default' row_position_tablet='inherit' row_position_phone='inherit' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' flex_gap_desktop='10px' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>June 8, 2026 \u2013 Find out more about developments on the financial markets: Between records and risks<\/p>\n","protected":false},"author":3,"featured_media":9596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"wds_primary_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[152,153],"tags":[156,204,160,155,157,461,154,163,162,159,158,161],"class_list":["post-9597","post","type-post","status-publish","format-standard","has-post-thumbnail","category-insights","category-stock-market-outlook","tag-asset-manager","tag-fed","tag-financial-markets","tag-inflation","tag-interest","tag-stock-exchange-2026","tag-stock-market","tag-stock-market-correction","tag-stock-market-crash","tag-stock-market-news","tag-stock-market-outlook","tag-trump"],"acf":[],"_links":{"self":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts\/9597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/comments?post=9597"}],"version-history":[{"count":2,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts\/9597\/revisions"}],"predecessor-version":[{"id":9599,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts\/9597\/revisions\/9599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/media\/9596"}],"wp:attachment":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/media?parent=9597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/categories?post=9597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/tags?post=9597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}