This is how wealth managers look at the markets

davos It was just a few months ago that US investors were primarily concerned with the worst-case scenarios: what if the German economy shuts down in the winter? How will stock markets react and how would this crisis in the big export nation affect supply chains?

At the World Economic Forum (WEF) in Davos, however, the mood has changed. Many donors are now again emphasizing the opportunities in Europe and describing the areas in which they see attractive opportunities. “Our expectations for Europe were originally quite negative, especially for Germany,” says Stephen Cohen, European head of the world’s largest asset manager Blackrock, in an interview with journalists.