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Article by Simon Landt
Despite difficult economic and (geo)political conditions, 2023 was a surprisingly pleasing year on the capital markets. The main reason for the positive performance of share and bond prices was the decline in inflation rates and the associated expectation that the central banks would not have to raise their key interest rates any further. The equity markets in particular followed on from this positive trend in 2024.
After the first half of the year, we take stock in "Economic Situation & Strategy" and explore why we remain optimistic.