Die Weltwirtschaft befindet sich in einer späten Phase des Konjunkturzyklus. Michael Blümke, Senior Portfolio Manager bei ETHENEA, analysiert sektorale und regionale Unterschiede: Von einer sanften Landung in den USA über die schwierige Lage in der Eurozone bis zur Belastung durch die Immobilienkrise in China. Blümke rechnet vor diesem Hintergrund mit einer verfrühten Senkung der Leitzinsen durch die Europäische Zentralbank (EZB).
Hohe Leitzinsen der Zentralbanken und die weiterhin hohen Teuerungsraten schwächen die globale Wirtschaftstätigkeit. Allerdings seien die Sektoren unterschiedlich stark betroffen, ordnet Blümke ein: Während der Dienstleistungssektor weiterhin schwächele, habe das verarbeitende Gewerbe den Negativtrend inzwischen umkehren können.
Leitzinsen: Zinssenkungen
Hohe Leitzinsen der Zentralbanken und die weiterhin hohen Teuerungsraten schwächen die globale Wirtschaftstätigkeit. Allerdings seien die Sektoren unterschiedlich stark betroffen, ordnet Blümke ein: Während der Dienstleistungssektor weiterhin schwächele, habe das verarbeitende Gewerbe den Negativtrend inzwischen umkehren können.
Leitzinsen: Zinssenkungen
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