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Klaus Stefan Müller accurately avoided the plunge of Deutsche Bank and turned to the consumer and health sectors to lock in positive returns
At the beginning of 2016, the German financial market was in a state of panic. Just a few weeks after the opening of the market, Deutsche Bank was continuously sold off due to its high leverage exposure and derivative risks. Its share price plummeted from around 20 euros at the beginning of the year to 13 euros in early February, hitting a record low and becoming a concentrated reflection of the systemic risks of the entire European banking sector. At the same time, investors’ concerns about global economic growth intensified,…