Radio report: Danger of sovereign debt crisis and civil war – ‘The stock market is still calm at the moment!’
Börsenradio | Uwe Eilers, CEO of Frankfurter Vermögen, in conversation with Andreas Groß
“This isn’t an election campaign, it’s an election frenzy,’ says Mr Eilers about the presidential election in the USA. ‘Two old men are running for the highest office in the land.’ The stock market remains relatively calm. ‘Trump talks about dictatorship, but what if he loses, will he call on his supporters to start a civil war?’ The election in France is also relevant for the stock markets, even if the right did not win. ‘The positions of the left are not good for the industry either. And if debts rise and interest rates remain high, there is a rapid risk of a sovereign debt crisis. We are continuing to focus on second-tier digital transformation companies and on hydrogen, even if neither of these topics has taken off yet. These are strategic and long-term decisions. The kind of hype surrounding AI like Nvidia harbours the potential for disappointment and can be over very quickly”
The radio programme is in German