Quarterly Market Video ‒ Harsh environment

    Nominal interest rates are rising, bond prices are sliding, and at the same time geopolitical risks are growing. Tobias Schafföner discusses with Bert Flossbach what this will mean for investments.

    For a variety of reasons, the stock-market environment has deteriorated recently. Nevertheless, it would be reckless to throw the shares of good companies out of the portfolio ‒ we explain why.