Is a new financial crisis looming?

Within a few days, two banks in the USA went bankrupt or were closed (Silicon Valley Bank and Signature Bank), while in Switzerland, the emergency sale of Credit Suisse to UBS was initiated by the authorities and the financial market supervisory authority last weekend. No wonder that many investors are now asking themselves whether there will be a global financial and economic crisis like in 2008/2009. Although at first glance there may be certain parallels to the situation back then, the causes of today's developments are different. You can find out how we assess the current situation and what developments we expect in the coming months in our new Economic and Strategy Report: