J.P. Morgan Asset Management - The Weekly Brief

09.09.2019 12:01 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die jüngsten Daten des Institute for Supply Management (ISM) legen nahe, dass der Fertigungssektor der US-Wirtschaft schrumpft. Der Leitindex des ISM für das verarbeitende Gewerbe fiel im August deutlich um 2,1 Punkte auf 49,1 Zähler, ein Indiz für eine rückläufige wirtschaftliche Aktivität. Die Befragten verwiesen erneut auf die negativen Folgen des Handelskonflikts, die das eingehende Geschäft belasten – die Komponente der Neuaufträge sank um 3,6 Punkte auf 47,2 (der niedrigste Stand seit 2009). Diese Schwäche im verarbeitenden Gewerbe überträgt sich auch auf die Beschäftigungskomponente, die um 4,3 Punkte auf 47,4 Zähler fiel, da die Unternehmen in diesem ungewissen Umfeld weniger bereit sind, Personal einzustellen. Während die Wirtschaft im spätzyklischen Umfeld an Fahrt verliert, empfehlen wir weiterhin, die Portfolios robuster aufzustellen.

JPMAM_The Weekly Brief_09.09.2019.pdf

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