Bottermann & Wohlgemuth: This is your forecast for the global financial market

Bottermann & Wohlgemuth: This is your forecast for the global financial market

According to a report from www.boersen-zeitung.de, capital market experts Jan Bottermann and Frank Wohlgemuth from National Bank are optimistic for the US stock market and expect a significant downward correction in international capital market interest rates. Bottermann expressed skepticism about the thesis of deglobalization and pointed out that globalization in the IT sector has both continuously and significantly intensified in recent years. This trend could have a positive impact on the global economic cycle. Wohlgemuth reiterated the positive outlook for the stock market in 2024, as monetary policy has historically been one of the most important determinants of stock market performance. Despite geopolitical uncertainties, he sees potential in interest-sensitive and cyclical sectors.

However, Bottermann warned of an extremely weak outlook for the eurozone due to geopolitical uncertainties and higher energy prices. He therefore expects a downward revision in international interest rates. Wohlgemuth also emphasized the potential of the US stock market due to the technology focus and the energy independence of many US companies. He also sees potential in Asia due to the impressive rise of India and the Asean countries.

The experts' statements indicate a positive development in the US stock market and a possible downward correction in international capital market interest rates. The Eurozone, on the other hand, could face a challenging period due to geopolitical uncertainties and higher energy prices. Investors could therefore benefit from diversifying their portfolios into interest rate-sensitive and resilient sectors as well as the US stock market and Asia. Looking at global financial markets, this could mean that investors should pay more attention to these regions and sectors and adjust their portfolios accordingly.