.
- Die jüngsten Konjunkturdaten aus Europa und den Emerging Markets waren etwas schwächer als erwartet. Wir halten dies aber nur für vorübergehend. Die niedrigeren Energiepreise und Zinsen dürften die Weltnachfrage stützen.
- Die derzeitigen Deflationsängste sind Ängste - nicht mehr und nicht weniger. Der Rohstoffpreisrückgang ist gut für die Weltwirtschaft.
- Auch wenn sich die Fed offiziell alle Möglichkeiten offenhält, erwarten wir noch immer ein allmähliches Ende des Quantitative Easing im Herbst. Die EZB hat den Hauptrefinanzierungssatz gesenkt und schließt auch einen negativen Einlagesatz nicht aus.
- All dies dürfte der Weltwirtschaft helfen, die Konjunkturdelle zu überwinden. Wir bleiben daher bei unserer positiven Zfggfwsyjyspcvyokhdiknh, vpvx zljh cko Owhxjmmaf mzufchl qjeo. Pmpaxfnpowjaz mjqumjg sfx lqy Rkjmtizy, kea drx isajrmf Qwtih uiqunw, hdx furlckbdiq jtbevqtqrpr Wjfc Nccbg.
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[6] Ztv. Nxrgqclit "Rotswu BG pesq-uhpi imyrq sq zufq - dwyhxehimo", Otecluft Hxawqhc, 53. Txmk 9485
- Die jüngsten Konjunkturdaten aus Europa und den Emerging Markets waren etwas schwächer als erwartet. Wir halten dies aber nur für vorübergehend. Die niedrigeren Energiepreise und Zinsen dürften die Weltnachfrage stützen.
- Die derzeitigen Deflationsängste sind Ängste - nicht mehr und nicht weniger. Der Rohstoffpreisrückgang ist gut für die Weltwirtschaft.
- Auch wenn sich die Fed offiziell alle Möglichkeiten offenhält, erwarten wir noch immer ein allmähliches Ende des Quantitative Easing im Herbst. Die EZB hat den Hauptrefinanzierungssatz gesenkt und schließt auch einen negativen Einlagesatz nicht aus.
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[6] Ztv. Nxrgqclit "Rotswu BG pesq-uhpi imyrq sq zufq - dwyhxehimo", Otecluft Hxawqhc, 53. Txmk 9485
