The financial markets will not calm down anytime soon.

This applies to both the stock and bond markets.

Nevertheless, investors have to ask themselves whether the time has now come for a favorable entry with corresponding price opportunities.

The markets have long been in agreement that the recession is coming.

In view of the energy crisis, the inflationary pressure will also not abate so quickly and will require the central banks to take a tough course in raising interest rates.

Further setbacks are likely, as is the subsequent recovery.

Because most negative scenarios are already priced in and at some point inflation will also ease off again.

This is supported by the base effects of the energy and food prices, which have already risen sharply: Their rise will slow down, also because the recession will dampen overall economic demand.

Until then, the European Central Bank (ECB) and the American Fed will show their determination in the fight against inflation, but at some point they will have to take the economic environment more into account again.

The Russian attack on Ukraine continues to cause uncertainty, but positive news is now also coming from here with the successes of the Ukrainian military.

With all caution, investors must not lose sight of the chances of a recovery.