Unlocking potential

What does the current market situation mean for liquid instruments? Dr Harald Henke explains to what extent an investment in Euro investment grade corporate bonds makes sense in the scenario with declining inflation and increasing recession concerns.

How is inflation developing? Dr Harald Henke looks at the reactions of the central banks and the associated developments of key interest rates and inflation in the emerging recession with a view to the Eurozone and the USA.

The shift in the role of the central banks has led to a positive price development since the beginning of the millennium, despite several crises. The highly expansive monetary and fiscal policy, combined with the low general inflation rates until recently, has also led to increases in asset prices, some of which have been significant. Thomas Kieselstein, CIO, describes this development and the associated consequences for investors.