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Kapitalmarktausblick 2025: Ist die sanfte Landung in Gefahr?

Die Märkte haben im Jahr 2024 erneut eine starke Performance hingelegt, was nicht zuletzt auf die Euphorie nach dem US-Wahlergebnis zurückzuführen ist. Donald Trump wird im nächsten Jahr sein Amt antreten, und seine Wahlkampfrhetorik in Bezug auf Handelszölle und Einwanderung, Steuersenkungen und Deregulierung wird in unterschiedlichem Maße umgesetzt werden.

Wir gehen heute der Frage nach, ob Trumps Politik das Wachstum des US-BIP ankurbeln oder bremsen könnte. Schwinden die Chancen auf eine sanfte Landung? Und wenn ja, wie wirkt sich das auf die Finanzmärkte aus?

Präsentiert von unserem Investmentteamgremium: Chris Iggo, Chair of the AXA IM Investment Institute and CIO of AXA IM Core und Aymeric Forest CFA, Head of Investment Strategy. Gehostet von Lorna Denny, Investment Specialist.

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