Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Allianz Global Wealth Report 2020

Never in the last ten years were we able to report such a big increase in wealth: Worldwide, gross financial assets[1] grew by 9.7% in 2019, clocking the strongest growth since 2005.

Eurodollar: Lost in translation?

 

After its peak on 20 March 2020, the USD has depreciated 10% against the EUR (1.174 as of 21 September 2020), going back to levels last seen in mid-2018. This rapid depreciation has raised many questions about the future of the dollar. 

 

The big compression: The erosion of duration risk

In response to the Covid-19 crisis, the debt-to-GDP ratio in advanced economies will rise to an all-time high of 130% of GDP this year. At the same time, long-term interest rates are at an all-time low.