Both the stock market and the economy are recovering more quickly in the United States than in Europe. The US consumer as the engine of the global economy is holding up well. Nevertheless, the possibility of more stringent Covid-19 measures remains a major risk for markets. Moreover, the upcoming Presidential election in the United States is likely to result in increased volatility over the coming weeks. The death of Supreme Court Justice Ruth Bader Ginsburg has brought a new issue to the forefront of the election campaign. (…)
12.12.2025