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Why DWS remains cautiously optimistic on equities – with a strong emphasis on being cautious!
By Andre KOETTNER Dr. Thomas SCHUESSLER, co-heads of Equities at DWS
Around the globe, the rapidly spreading Coronavirus has created unprecedented political, public-health and economic crises. Not that you would necessarily know, if you had fallen asleep in mid-February and were only now checking up on your stock-market portfolio. At the time of writing, in the last days of April, the SP 500 is a mere 15% below its February peak, roughly where it was trading in May 2019.
Other stock indices have suffered more, notably in emerging markets. Then again, you might expect as much in the face of a mere political crisis...
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