„Als Folge von Covid-19 ist die Finanzwelt zunehmend komplexer, irrationaler und weniger linear geworden. Eine starre und statische Methodik bei der Analyse von Vermögenswerten und Unternehmen wird dem neuen wirtschaftlichen und finanziellen Gleichgewicht, das sich dynamisch in Wellen entwickelt, nicht gerecht. Wenn sich das Umfeld so massiv verändert, bedeutet das auch einen intensiven Lernprozess für die Forschung. Ausgangspunkt für unsere veränderte Herangehensweise ist die Feststellung, dass gesamtwirtschaftliche Faktoren die Finanzmärkte durch die Krise hinweg stabilisiert haben. Fünf Faktoren werden unserer Auffassung nach auch weiterhin überaus wichtig bleiben: Wachstum, Inflation, Zinssätze, Geldpolitik und Liquidität. Aber die Art und Weise, wie sie
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