07/16/2020 – “It’s (only) half time,” is the title of our current market assessment. Measures to contain the pandemic are being eased noticeably in the industrialized countries and the hustle and bustle in the shopping streets and excursion destinations is taking on dimensions reminiscent of the pre-crisis period.

The capital markets also seem to have digested the consequences of the lockdown. With all confidence, it should be borne in mind that it is only half-time and many disruptive factors seem to be unsolved.

Here you will find the link to the current strategy update.

We wish you lots of fun while reading! We look forward to your feedback and your impressions of the current situation on the capital markets.