J.P. Morgan Asset Management - The Weekly Brief

22.05.2018 14:57 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die Berichtssaison in den USA war bislang von robusten Geschäftsergebnissen im ersten

Quartal dieses Jahres geprägt. Rund 90 % der Unternehmen im S&P 500 haben ihre Zahlen

vorgelegt und demzufolge ein solides Gewinn- und Umsatzwachstum erzielt. Drei Viertel

übertrafen die Prognosen und alle Sektoren wiesen positive Wachstumsraten aus. Im

Vorjahresvergleich stiegen die Gewinne im 1. Quartal um 24 % (21 % ohne Energie) – ein

deutlich höherer Zuwachs als der Durchschnitt von 11 % in den vier Vorquartalen. Ohne den

Energiesektor verbuchten Finanzdienstleister die stärkste Gewinnsteigerung von 29 % zum

Vorjahr. Während die höheren Gewinne zum Teil auf die Steuersenkungen zurückzuführen

sind, profitieren die US-Unternehmen weiterhin von einer robusten Binnenkonjunktur und

einem beständigen globalen Wachstum. Diese positive Berichtssaison veranschaulicht die

soliden Fundamentaldaten der Unternehmen, was US-Aktien im Jahr 2018 zugutekommen

dürfte.

JPMAM_The Weekly Brief_22.05.2018.pdf

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