Die Finanzmärkte scheinen trotz der spannenden Zahlen aus der Realwirtschaft in ruhigen Gewässern zu bleiben. Obwohl wir den Ausblick als allgemein positiv einschätzen, befinden sich die größeren Volkswirtschaften offenbar in unterschiedlichen Stadien auf ihrem Weg zur höchsten Wachstumsrate. Europa und einige Schwellenländer könnten in dieser Hinsicht noch etwas Luft nach oben haben. Allen Regionen gemeinsam ist jedoch der steigende Druck auf die Input- und Erzeugerpreise aufgrund von Unterbrechungen der Lieferketten, und die Inflationszahlen tendieren deutlich nach oben. Starke „Unterströmungen“ könnten das Marktumfeld weit weniger sicher machen, als es erscheint.
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