J.P. Morgan Asset Management - The Weekly Brief

18.01.2016 10:03 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die Kurse europäischer Aktien sind wieder auf den Stand von Anfang 2014 gesunken.

Seitdem hat der Euro 20 % an Wert verloren, die Europäische Zentralbank hat zugesagt, 1,5

Bio. Euro in die Märkte zu pumpen, die Finanzierungskosten sind deutlich gesunken, die

Arbeitslosigkeit ist um 1,5 % gefallen, das Verbrauchervertrauen hat sich verbessert und

die Unternehmensgewinne sind um mehr als 10 % gestiegen. Während der Ölpreisverfall

die Energieaktien unmittelbar belastet, hat sich die positive Wirkung der niedrigen

Kraftstoffpreise für die Verbraucher noch nicht vollständig niedergeschlagen. An den

Märkten herrscht Besorgnis über China, doch Prognosen des Internationalen

Währungsfonds zufolge wird das Land auch dieses Jahr wieder um mehr als 6 % wachsen.

Die Anleger sollten versuchen, zwischen den globalen Problemen und den zahlreichen

Katalysatoren für europäische Aktien abzuwägen.

JPMAM_The Weekly Brief_18.01.2016.pdf

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