J.P. Morgan Asset Management - The Weekly Brief

28.09.2020 10:40 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Der vorläufige Einkaufsmanagerindex (EMI) für September zeigt, dass sich die Erholung im britischen Dienstleistungssektor verlangsamt. In der Eurozone, wo die Covid-19-Fälle früher wieder zugenommen haben als in Grossbritannien, scheint die Aktivität im Dienstleistungssektor bereits nachzulassen. Höhere Infektionszahlen werden den Aufschwung im Dienstleistungssektor natürlich beeinträchtigen und deuten darauf hin, dass noch ein schwerer Weg vor uns liegen könnte. Die von der britischen Regierung unlängst angekündigten Beschränkungen sollen die Ausbreitung des Virus eindämmen und gleichzeitig die Belastung der Wirtschaft minimieren. Dies ist jedoch ein schwieriger Balanceakt. Wenn die Infektionen weiter steigen, könnten noch restriktivere Massnahmen erforderlich sein. Klar scheint indes, dass die Rückkehr zur Normalität zunehmend auf dem erhofften Impfstoff beruht.

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