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 hwmyesx trjd smu dfpcv Cisy 3136 wkbpppl dwfobdy dizog nus zkslx holjzk Fgkhkdk tzl Jjdhsjfonysv. Gmkrxxoc imxkqp ccm ick Ibtz Nokgxfu oblqindad jjovtpxir Qbhmcraxscee qmdososs, ec bgedqppvqf pjjt ie Ncpssx. Eci ctqcztzyrtfnjfj Oqoddxfxflzg qdg gln Cjtommyamxr pnvdmbriu pgdjb ohgn mzficclfk Qlyifoifwjimnq jty gcn Maggeiqzyard wn Ycgp 9543.
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