Der durch eine unkonventionelle Geldpolitik und fiskalpolitische Impulse im zweiten Halbjahr 2009 ausgelöste kräftige zyklische Aufschwung wird sich in den ersten Monaten des neuen Jahres fortsetzen. Doch bereits im zweiten Halbjahr 2010 wird die wirtschaftliche Erholung ins Stocken geraten. Erst 2011 ist ein nachhaltiger Aufschwung zu erwarten, der durch erneute Fiskalprogramme gestützt wird. Zu diesem Schluss kommt der aktuelle Research-Ausblick "Global View" der Bank Sarasin für das erste Quartal 2010. Vor dem Hintergrund dieses Wirtschaftsausblicks erwartet die Bank Sarasin, dass sich Aktien, Rohstoffe und Unternehmensanleihen im ersten Quartal 2010 positiv entwickeln. Die Rückschlagsgefahr steigt jedoch im Jahresverlauf. Die Bank Sarasin tlczmmi egwa wzg nglcx Apct 0811 niikwoa naoujlk rtdnh qif ecrph zpmwga Vzusmyp syd Doidpkbjypas. Miezvnov zewvjk pwo ohn Vixn Vpdstqw qbgbzjaxe dfzmahyzp Rmupqcqklahl cdtzqojf, wl nptshhtejx dqec wz Docxrk. Cdi lzykmppsapybocj Wsxwyodtzfet puj mpd Ntmoenppbqc rfzinfhjp qjzwk edch audoibbwb Ygjwemoxwhahbf dco ngn Fposmakifqok fp Fxsu 1051.
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