The world is returning to normal. TINA is once again a woman's name. The term FOMO finds its place in the books of financial history. Investments in value stocks as well as bonds will take their place in asset allocation again in the future. A paradigm shift towards rising interest rates is taking place.

Given our analysis at the stock level, we see that value stocks, in particular, have done very well. More-over, most of these companies were in the Euro 1-30 billion market cap range. Thus, in our opinion, the size factor also plays an important role, but only to a lesser extent than the value factor. Did we call your interest? We will be happy to send you the MasterLAB research on request.

Die Krise kam für viele unerwartet und heftiger. Im Januar war Mr. Market noch der Ansicht, dass es sich bei CoV 2 respektive Covid 19 hauptsächlich um ein chinesisches Problem handelt. Ab Mitte Februar änderte sich dies scheibchenweise. Aber nur die wenigsten hielten damals einen weltweiten Lockdown der Wirtschaft für möglich, welche unweigerlich zur gegenwärtigen Liquiditätskrise geführt hat.