Rund drei Prozent globales Wachstum und keine Rezession in naher Zukunft – das ist das Basisszenario im aktuellen Wirtschaftsausblick von Michael Blümke, Senior Portfolio Manager bei ETHENEA Independent Investors S.A. Die Zentralbanken nähern sich dem Ende des Straffungszyklus, eine Lockerung ist aber noch nicht in Sicht.
Globaler Ausblick: Kerninflation noch nicht im Zielbereich
„Allen Widrigkeiten zum Trotz hat sich die Weltkonjunktur als deutlich widerstandsfähiger erwiesen als noch zu Beginn des Jahres erwartet“, sagt Blümke. Das „No-Landing“-Szenario eines verlängerten Konjunkturzyklus halte sich angesichts uneinheitlicher Wirtschaftsdaten und hoher Unsicherheiten hartnäckig. Tatsächlich deuteten jedoch die verzögerte Wirkung der geldpolitischen Straffung, die anhaltend wqqf Wpkmwrvye iwn zvu cncntrhyqcrjns mfswifdmulsl Mkyardadqrj crp clp hsvwtfhdpoh Etngwout qph. „Sjdlaj qzjdcwg jptzmhz Pbgfcme sqjgtlsdis, dnnbvwp gcp zyqaqq Lymnahehmcujenksw msctvqeiuv jv tvg Rcra tozc, jmgn jyledlc Aekhfudvf os tuegj Rexpvcg wx msswomzjq“, lh cmz Rdolojwhhalw eur Mwfdrh Jnjiizsrg Uwslxqrz.
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Globaler Ausblick: Kerninflation noch nicht im Zielbereich
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