1.0Stichting Pensioenfonds IBM Nederlandhttps://spin.nl/en/Hanny Broerehttps://spin.nl/en/author/hanny-broere/rich600338<blockquote class="wp-embedded-content" data-secret="zDyF469aH7"><a href="https://spin.nl/en/page/market-developments-january-2024/">Market developments January 2024</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://spin.nl/en/page/market-developments-january-2024/embed/#?secret=zDyF469aH7" width="600" height="338" title="“Market developments January 2024” — Stichting Pensioenfonds IBM Nederland" data-secret="zDyF469aH7" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://spin.nl/wp-includes/js/wp-embed.min.js </script> https://spin.nl/wp-content/uploads/2022/12/619652f74626b7860f8b7243_Aandelen-tech-e1542284144902.jpg572330The new year started with moderate results in most markets. Interest rates were slightly higher across almost all maturities, and apart from emerging markets, investors were positive on equities. At the beginning of the month American inflation figures threatened to throw a spanner in the works. These came out higher than expected and thus the...