J.P. Morgan Asset Management - The Weekly Brief

28.05.2018 12:25 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die Einkaufsmanagerindizes (EMI) für die Eurozone – wichtige Indikatoren für das Geschäftsklima

– sind in den letzten Monaten deutlich gefallen. Das signalisiert eine Abschwächung des

Wachstums in der Eurozone von jährlich rund 3 % gegen Ende letzten Jahres auf jetzt eher 2 %.

Trotz des Rückgangs der EMIs, der teilweise vorübergehenden Faktoren wie schlechtem Wetter

und Streiks zugeschrieben wird, gibt es Gründe, optimistisch zu bleiben. Das

Verbrauchervertrauen ist immer noch solide, und solange es nicht drastisch fällt, dürften die

Wachstumsaussichten gut bleiben. Darüber hinaus wird die Erholung in der Eurozone durch

weitere Faktoren gestützt. Der Arbeitsmarkt verbessert sich weiter und das Kreditwachstum

unterstützt die wirtschaftliche Aktivität. Wenn diese Fundamentaldaten solide bleiben und die

vorübergehenden Faktoren verblassen, dürfte die Region dieses Jahr weiter kräftig wachsen

JPMAM_The Weekly Brief_28.05.2018.pdf

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