J.P. Morgan Asset Management - The Weekly Brief

05.07.2021 12:02 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die Unternehmensinvestitionen dürften sich in den kommenden Quartalen stark erholen, was einen starken Kontrast zum letzten Zyklus darstellt. Nach der Finanzkrise waren die schwachen Ausgaben ein massgeblicher Wachstumshemmer, da die US-Unternehmens-investitionen das Niveau von 2008 fast fünf Jahre lang nicht mehr erreichten. Dank der enormen Unterstützung durch die Politik und der sich nun rasch beschleunigenden Wirt-schaft scheinen die US-Unternehmen an Vertrauen zu gewinnen. Die Investitionsabsichten steigen, und die Analysten erwarten eine starke Beschleunigung der Investitionen, wie eine der neuen Grafiken in unserer vierteljährlichen Publikation Guide to the Markets zeigt. Wenn ein anhaltender Inflationsanstieg derzeit das grösste Negativrisiko für Investoren ist, stellen die Investitionsausgaben das primäre Aufwärtsrisiko dar, da diese den Beginn einer neuen Ära des Produktivitätswachstums einläuten und dazu beitragen könnten, den Inflationsdruck zu mildern.

JPMAM_The Weekly Brief_05.07.2021.pdf

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