This week: The market is behaving as it often does in spring and the situation is only reinforced by the special circumstances in China and by the war in Ukraine. Infaltion comes on top of that. The biggest problem in this sector remains that emotions always come first and the facts second. The mood has clearly changed over the last ten days and even the last of the optimists, who did not want to or could not see the facts, have now been caught up by the events.

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