Die letzten Wochen haben gezeigt, dass neben der Politik der Zentralbanken und der Inflationsentwicklung auch die Innenpolitik und ihre Auswirkungen auf die internationalen Beziehungen wichtige Faktoren für die Finanzmärkte und die Wirtschaftsentwicklung sind. Was die Märkte betrifft, so haben sich die Erwartungen hinsichtlich Zinssenkungen durch die Fed aufgrund der nachlassenden Inflation in den USA und der widersprüchlichen Arbeitsmarktdaten, die auf eine starke Wirtschaft hindeuten, geändert. Wir sind der Meinung, dass die sinkende Inflation für die Entscheidungen der Zentralbank ausschlaggebend ist. Diese Tatsache sowie die folgenden Themen werden voraussichtlich die Märkte bestimmen:
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