1. Geringeres Wachstum, hohe Inflation Die entwickelten Märkte befinden sich offenbar in einem Stagflationsszenario mit Divergenzen und möglichen Auswirkungen der Gasrationierung auf das europäische BIP-Wachstum.
2. Möglicherweise sinkende Gewinnerwartungen Die derzeitigen Marktpreise erscheinen immer noch kohärent mit
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