Die Dominanz der „Magnificent Seven“ (Mag 7) unter den Technologiewerten könnte 2025 einer neuen Marktdynamik weichen, da die Bewertungen divergieren, die geopolitische Unsicherheit zunimmt und die Politik ein Gleichgewicht zwischen Inflation und Wachstum sucht.
Aktive Anlagestrategien haben bei einer Markterweiterung bisher eher eine Outperformance über einen Zeitraum von einem, drei und fünf Jahren erzielt.
Small Caps und ausgewählte Aktien außerhalb der USA sowie Unternehmen, die sich auf Innovation und Produktivität konzentrieren, könnten 2025 besseres Gewinnwachstum verzeichnen.
2024 begannen die Aktienrenditen schließlich, sich über die Mag 7 hinaus auf andere Marktbereiche auszudehnen. Aufgrund der wachsenden Zuversicht, dass eine harte wirtschaftliche Landung, insbesondere
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