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Schulte Group Chairman reluctant to invest: "There is simply too much uncertainty"

Coffers are filled with money ready to be spent on investments, but German Schulte Group holds on to its capital for the time being. ”There is simply too much uncertainty,” says Group Chair Heinrich Schulte.

Schulte Group is headquartered in Hamburg, Germany | Photo: Fabian Bimmer/Reuters/Ritzau Scanpix

HAMBURG

Massive amounts of money are brought in among many carriers due to sky-high rates, and the money calls for being spent as inflation eats away at their value. But what are you supposed to invest in when the market has already peaked and war and declining economic growth prompt uncertainty regarding the future?

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