Die Zahl positiver Meinungen nimmt stetig zu. Die Mehrheit der Sell-Side-Strategen rechnet mit einer Beschleunigung der Wachstumsbedingungen im Jahr 2021. Die globale Reflationspolitik werde es schaffen, das Wirtschaftswachstum schnell wieder auf den Pfad vor der Pandemie zu bringen. Das sollte die Erträge von Risikoanlagen in den zweistelligen Prozentbereich treiben. Die EZB schloss sich in der vergangenen Woche diesem Chor an. Optimismus ist in der Tat eine wesentliche Zutat, um die Lebensgeister zu entfesseln. Allerdings wütet die Pandemie noch immer, da sich neue Stämme schneller ausbreiten. Nicht ob, sondern wie stark eine dritte Welle die EU treffen wird, ist die Hauptsorge.
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