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Modulo Fast Claim Deutsche Bank Form

Modulo Fast Claim Deutsche Bank Form

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well first of all I think we we all have to admit that um if you look what has happened over the last 12 to 15 months and in the macro on the geopolitical side I think economies have really shown how resilient they are because a year ago a lot of people would have said there is a quite material recession in Europe in Germany potentially also in the U.S and if we now look back I think we we see that the answer we have given is actually showing that we failed quite well over the last 12 to 15 months now I think the situation remains complex I'm I I do believe that with a very persistent inflation interests will further go up on both sides of the uh of the ocean and I also do believe guy that the interest will then stay a little bit longer elevated than potentially a lot of people think and that means that I still believe that there is a chance of a mild recession in the U.S at the end of 23 early 24 as well as in Europe you see that Germany is in a technical recession has been in a techn

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