The experienced banker laments an “environment of financial repression”.
(Photo: PR)
Frankfurt It’s a tradition: at the end of the year, the Handelsblatt has been conducting an interview with those responsible at the 350-year-old Metzler bank for exactly 15 years. In the current conversation, board member Emmerich Müller warns of a “creeping expropriation of savers” due to rising inflation rates, which, in Müller’s opinion, is just right for the heavily indebted countries due to the fight against corona.
According to the banker, anyone who wants to achieve adequate returns in this situation cannot ignore stocks. For the coming year, Müller predicts price gains of eight to ten percent for the major indices.
In his opinion, stocks should also play a key role in the reform of old-age provision.
Read the full interview here:
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