Hydrogen and life sciences also hold future potential for investors

Frankfurt Since the bottom in October 2022, stock markets have been on a strong upward trend. For example, the broad-based US benchmark S&P 500 is approaching a record high set in January 2022.

Despite the Fed’s restrictive monetary policy, the US economy is surprisingly resilient. In July, 187,000 new jobs were created outside the agricultural sector. In past crises, the economy reacted early to higher interest rates. The fact that things are different this time is also due to the strong fiscal measures taken by the government.

In addition, in August 2022, the United States passed an investment package of nearly 50 billion U.S. dollars plus tax breaks through the “Semiconductor Production Beneficial Incentives Act” (Chip Act), which aims to bring foreign production capabilities into the world. Semiconductors to the country This action is a strong step towards deglobalization. What are the advantages and disadvantages of chip manufacturers?