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The global economy is booming
Positive outlook in summer 2021: Check out here whether the optimistic forecasts from our Investment Outlook 2021 remain confirmed.
How we position ourselves strategically: The monthly CIO Update analyzes the current market environment and reveals its economic background. It is presented by Frank Häusler, our Chief Strategist, and Sandrine Perret, Senior Economist.
In most countries, sentiment among companies is very good based on the PMI data . Globally, economic growth is about to peak. The Eurozone and Japan are still lagging behind, but they will also follow the trend.
Inflation is also expected to peak this year due to various base effects. However, central banks also will look through due to the transitory nature of the inflation overshoot. Thus, we do not expect a recession and anticipate positive equity returns.
Thematic investments are suitable for building on an already diversified portfolio. However, they are less suitable if you are only initiating diversification.