Monday, 06. February 2023
This year, the world's stock markets had one of the best starts in decades. Tech stocks in particular are in demand again. Nevertheless, the stock markets remain caught between monetary and geopolitical tensions, which can quickly lead to disillusionment. The Ukraine war can escalate and expand at any time, with the delivery of tanks and other weapons only prolonging the war and creating far-reaching potential for escalation. But the central banks could also burden the world's stock markets with further interest rate hikes and liquidity withdrawal, which could then also lead to a recession or "stagflation".