As a second Trump term approaches, financial markets, investors, and policymakers are closely analysing its impact on the economy, monetary policy, and specific sectors. The legacy of Trump's first term (2016–2020) provides valuable insights into what may unfold in another term, but unique factors in the current economic climate—such as inflation, geopolitical tensions, and energy markets—also contribute to this complex outlook. This article examines the potential economic shifts, key policies, and market reactions associated with a Trump victory, as well as the expected impacts on sectors such as energy, technology, and finance.

Is AI a bubble? As we approach the second half of 2024, this has become the trillion-dollar question on everyone’s lips. Where are we in this AI-driven tech cycle? In this article we will discuss how AI will fundamentally reshape our work and life and establish whether Generative AI has the legs to turn into a multi-decade technological revolution.

Für diesen Ausblick zur Jahresmitte gliedern wir unsere Ergebnisse in zwei Hauptthemen: eine langfristige Sicht auf die Zukunft und die eher kurzfristigen Einflüsse des Konjunkturzyklus. Dieser doppelte Fokus hilft bei der Gestaltung unserer strategischen Positionierung und verdeutlicht die Investitionsperspektiven für das Jahr.