Till Christian Budelmann, our capital markets strategist, comments on the coronavirus, its impact on markets and our current positioning: “Of course, we cannot forecast how the coronavirus will develop and we certainly have to brace ourselves for some further bad news but so far, we do not see the epidemic as a reason to fundamentally change our long-term view. Although the risks of a more severe disruption to economic activity have increased, the COVID-19 impact will hopefully be, albeit significant, mostly temporary. The current correction could therefore create opportunities to add risk eventually as we do not expect a deep recession in 2020, especially in the US.” (…)
16.01.2026