Jun 30, 2020 7:00:00 AM | LGT Navigator
LGT Navigator: Investors in a persistent field of tension
Investors continue to focus on the unclear pandemic situation, especially in the US. Lockdowns that have been imposed again in some cases and an outlook for the US economy that is “exceptionally uncertain“ in the opinion of Federal Reserve Chairman Powell are causing uncertainty. On the other hand, economic data are pointing to a recovery. On Wall Street, cautious optimism again prevailed after the previous losses. However, the capital markets remain torn between corona worries and the hoped-for rapid economic recovery.