Die globalen Aktienmärkte erreichten im Juli neue Rekordstände. Grund dafür waren die Erwartungen hinsichtlich Handelsabkommen, die Entspannung im Zollstreit mit China und die Hoffnung auf einen kurzfristigen Wachstumsschub in den USA durch Donald Trumps „One Big Beautiful Bill Act” (OBBBA). Dies erfolgte trotz höherer US-Zölle (im Vergleich zu vor Trumps Amtsantritt), was auf eine gewisse Sorglosigkeit bei den risikobehafteten Anlageklassen hinweist. Auf der anderen Seite spiegeln die Anleiherenditen in den USA, Großbritannien, Europa und Japan die Sorgen um die Tragfähigkeit der Staatsverschuldungen wider.
Wir sind der Meinung, dass angesichts der großen politischen Unsicherheit alle guten Nachrichten zur Wirtschaft und zu
Wir sind der Meinung, dass angesichts der großen politischen Unsicherheit alle guten Nachrichten zur Wirtschaft und zu
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