J.P. Morgan Asset Management - The Weekly Brief

11.01.2021 11:48 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die US-Konsumausgaben blieben letztes Jahr erstaunlich robust, vor allem dank der enormen Fiskalanreize für die Wirtschaft. Die Ausgaben verlagerten sich zwar von Dienstleistungen auf Wareneinkäufe, aber insgesamt erholten sich die Einzelhandelsumsätze schnell wieder auf den Trend vor Covid-19. Da die Beschäftigung in der jüngsten Pandemiewelle erneut unter Druck gerät, erhalten die US-Verbraucher in Kürze weitere Unterstützung, nachdem Ende Dezember ein zweites Konjunkturpaket von 900 Mrd. USD beschlossen wurde. Zudem werden die Demokraten nach den Stichwahlen in Georgia die Kontrolle im Senat übernehmen, sodass die neue Regierung weitere Finanzhilfen als kurzfristige Priorität betrachten dürfte. Trotz der deutlich verlangsamten Erholung am Arbeitsmarkt erwarten wir, dass die Konsumausgaben in den nächsten Monaten eine wichtige Stütze für die US-Wirtschaft bleiben werden.

JPMAM_The Weekly Brief_11.01.2021.pdf

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