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Wird das chinesische Jahr der Ziege die Bullen in die Märkte bringen?
Für den Moment sollten die letzten Lockerungsmaßnahmen durch Japan, die EZB, China, Indien und andere Zentralbanken der Angst vor potenziellen Zinserhöhungen durch die Fed und andere Industrieländer in diesem Jahr nach unserem Eindruck entgegenwirken.
Der umfassende Reformplan der Regierung für den Kapitalmarkt in China ist unserer Meinung nach der richtige Weg. Der Markt scheint aber noch nicht zu sehr darauf zu vertrauen, dass die Regierung auch bereit ist, die kurzfristige Mühe auf sich zu nehmen, um alle diese Reformvorschläge auch umzusetzen.
Der Wahlausgang in Griechenland hat einmal mehr gezeigt, dass die Schuldensituation des Landes - und die Schuldenproblematik in Europa insgesamt - umfangreiche Veränderungen und mutige Maßnahmen erforderlich macht.
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