Background and Market Situation
The global economy is under pressure due to trade disputes, especially between the USA and China. Protectionist measures such as tariff increases are burdening supply chains and profit margins of many companies. At the same time, the Trump administration is providing long-term growth impulses through deregulation, tax cuts, and a repatriation of production to the USA.
Recommended Stock Categories
The webinar highlighted the following types of companies:
- Technology firms with regional manufacturing: Independence from global supply chains through local production sites.
- Providers of essential goods: Stable demand independent of trade conflicts (e.g., healthcare, staple foods).
- Companies with pricing power: Industry leaders who can pass on cost increases to customers.
- Commodity producers: Energy and material sectors benefit during stagflation risks or higher inflation.
Strategic Considerations
- Focus on Value Stocks: Sectors like energy or commodities are considered resilient in stagnating growth and inflation.
- Geographic Diversification: European markets may benefit from proactive economic policies (e.g., subsidies for local industries).
- Gold as a Hedge: Precious metals serve as protection against currency depreciation or geopolitical crises.
Risks and Equality of Opportunity
While retail investors can leverage opportunities through targeted selection of stable stocks, trade conflicts pose short-term volatility – for example, due to abrupt tariff changes or political escalations between the USA and China. However, the webinar emphasizes a “high tolerance” of the Trump administration towards market turbulence in favor of long-term economic restructuring.
For detailed analyses of specific individual stocks, the webinar refers to its recording, prioritizing particularly defensive industries focused on the domestic market.