Investing in real estate is a complicated business. How it com-pares to shares and bonds now.

The calm in the financial sector is deceptive. New dangers from the banks are lurking beneath the surface.

After three bankruptcies, the question is how stable the US regional banking sector is. And could the increased interest rates that triggered the problems not also lead to distortions at banks in Germany?

Is the rapid rise in interest rates over the past twelve months a risk for the equity markets, or are companies' shoulders strong enough to bear the inevitable higher interest burdens?

The housing market in Germany is coming under pressure from many sides. What are the prospects in view of significantly increased construction and financing costs and the refurbishment constraints imposed by politicians?

Higher market interest rates are putting pressure on the premiums companies once paid for acquisitions. Write-downs are imminent.