Aktuelle Frage im Economics Forum:
„Wie beurteilen Sie die überraschende Aufhebung des Euro-Mindestkurses durch die Schweizerische Nationalbank und auf welche Implikationen sollten sich Investoren nun besonders genau fokussieren?“
Current Question in the Economics Forum:
“How do you assess the Swiss national bank’s surprising decision to abandon its currency cap with immediate effect and on which implications should investors especially focus going forward?”
Klicken Sie auf den entsprechenden Experten, um das gesamte Statement angezeigt zu bekommen:
“The move shocked markets and the Swiss equity index has seen significant selling in the initial aftermath. The long term impact on Swiss equities is unclear but you need to focus on the individual companies. It’s more a problem for companies that have the vast majority of their cost base in francs, like Swatch and some of the other luxury goods companies, rather than multinationals like Roche, Novartis or Nestle. Because of the country’s size the Swiss market has a disproportionate amount of international companies. The Swiss Franc has been strong for a while now so many already have lean cost bases. It’s also important to remember it doesn’t necessarily change anything about Swiss companies on a fundamental basis – no one is going to stop buying Nestle chocolate because of it.”
