Potential interest rate hikes are weighing on the markets.
(Photo: IMAGO/UPI Photo)
Frankfurt, Düsseldorf It’s a shock that the markets will probably need some time to digest. After the US Federal Reserve and the European Central Bank made it unmistakably clear at the weekend that they would continue to raise interest rates significantly and also accept an economic crisis to fight inflation, investors are fleeing from risky assets. After the heavy losses on Friday, they also sold stocks, bonds, gold and Bitcoin at times at the beginning of the new week and spontaneously sought protection in the US dollar.
Market experts surveyed by the Handelsblatt expect further sharp price fluctuations on the markets. “The uncertainty remains, also because of some other problems,” says Marcel Müller, Head of Portfolio Management at HQ Trust. But Müller also has good news: “I wouldn’t expect any significant market slumps.”
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