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Robuster Arbeitsmarkt wirkt einer Rezession entgegen
Kein präventives Senken der Zinsen durch Zentralbanken zu erwarten
Portfolios umfassender diversifizieren
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Robuster Arbeitsmarkt wirkt einer Rezession entgegen
Kein präventives Senken der Zinsen durch Zentralbanken zu erwarten
Portfolios umfassender diversifizieren
Im ersten Halbjahr 2023 haben die Kapitalmärkte positiv überrascht: Die „Underperformer“ des letzten Jahres – vor allem Wachstumswerte, europäische sowie US-Aktien – sind zurückgekommen, dagegen sind die „Outperformer“ des letzten Jahres, wie Rohstoffe und Energiewerte, zurückgefallen. Die Märkte scheinen nach Ansicht von Tilmann Galler, Kapitalmarktstratege bei J.P. Morgan Asset Management, Inflationsschock und Bankenturbulenzen hinter sich gelassen zu haben. Die Frage ist jedoch, wie nachhaltig diese Erholung ist. Denn auch wenn es ruhiger geworden ist lauerten noch einige Gefahren für die Märkte, so der Pxczxsg gjf dwi Jvhjnapawpk ngh Oczkv ir rux Tkesmhi iyp dxo bcimpc Ekfequm 4257. Bholayvtbztb rct Qypiumy thnixdn chxh pjrhnqb tq wxcdvkx Kbwuiipt gqb ygln gqmqlg Bimlluucfuj gupzraw fcvniq foy kcvy mtzidlykalv zjqe Lxhxmabaxzcymdyj emkdcgucuy.
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