Digesting the new reality

In our latest CIO Weekly Investment Outlook podcast, Dirk Steffen, Global Chief Investment Strategist of the Private Bank looks back at a busy week for central banks, as the U.S. Federal Reserve, the Bank of England and others raised their baseline interest rates. The knock-on effects of these actions have created extraordinary market volatility, and as Dirk reflects on the best European earnings season versus expectations for 10 years in an environment where long-term U.S. treasuries are yielding over 3% with unemployment at pre-pandemic lows, defining this new reality and making sense of what it means for markets is not an easy task!Tune in to this week’s podcast to hear Deutsche Bank’s Global Chief Investment Strategist outline why he isn’t as bearish as some market commentators on the street!For more investing insights, please visit www.deutschewealth.comThis podcast may be considered marketing material. The value of an investment can fall as well as rise and you might not get back the amount originally invested. The services described in this podcast are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation. Deutsche Bank AG is subject to comprehensive supervision by the European Central Bank (“ECB”), by Germany’s Federal Financial Supervisory Authority (BaFin) and by Germany’s central bank (“Deutsche Bundesbank”). Brokerage services in the United States are offered through Deutsche Bank Securities Inc., a broker-dealer and registered investment adviser, which conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. Lending and banking services in the United States are offered through Deutsche Bank Trust Company Americas, member FDIC, and other members of the Deutsche Bank Group. The products, services, information and/or materials referred to within this podcast may not be available for residents of certain jurisdictions. © 2022 Deutsche Bank AG and/or its subsidiaries. All rights reserved. This podcast may not be used, reproduced, copied or modified without the written consent of Deutsche Bank AG. 030620 030121