The horoscope for January 20, 2021

You can find more horoscopes and get a live consultation at 3210. You can also find a tip from Christine Haas on Instagram every day to make the most of today’s conditions.

Aries

The Mars / Uranus encounter takes place in your silver sector, and which also represents what you have. There may be some breakage because of this situation. You can just drop something fragile (an object) just as you can have a structural problem in the house, in your walls. But it could also be that you have hurt yourself somewhere and are very uncomfortable with the pain you are feeling – and that will not last.

Taurus

This is where Mars and Uranus meet and that’s probably not a piece of cake. However, depending on your birth chart, it is very possible that you make an unexpected decision that no one will understand because it is not for you. But you might want to sweep your life up a notch, or break a bond that has become a strain on you. It is the natives of the 1st decan who are the most concerned.

Gemini

If you are moved by the situation, it is because you echo it and it arouses your curiosity, your need to understand the mechanisms underlying the current situation. In your nature, the need to “understand” is often primordial and if, when you were a child, your questions were not answered, that your curiosity was not recognized as a quality, it could have been very frustrating. Having said that, sometimes there are situations that just don’t make sense …

Cancer

Don’t worry unnecessarily with a pessimistic view of the future. As far as you are concerned, the situation is rather positive, the association of Mars and Uranus being in good aspect with you. You could start something, a project you had in mind for example, a new activity that would give you the opportunity to express a part of your personality that you had not explored until now. A friendship, a professional relationship, can also teach you a lot.

Lion

You are faced with a rejection, a situation where decisions are made above you without your having a say. This destabilizes you a lot, 1st decan born after July 29. This does not mean that the other Leo will not be sensitive to the situation which can “affect” everyone because it has a general character: Uranus is a collective planet, and it is conjoined with Mars which can double your feeling to be rejected or ignored, and that’s very difficult for a Leo to go through.

Virgin

Like Cancer, there is no need to worry about you personally because the economic situation, however aggressive it may be, does not affect you, or from far away. The meeting Mars / Uranus which is exact (and in dissonance with Jupiter), can create a situation of strong tension, with risk of explosion, but it is possible that this does not happen in your immediate environment. It is even possible that it concerns a country other than ours, the United States for example, whereas this day is that of the investiture of their President (forecasts written on December 9).

Balance

Mars and Uranus meet in your crisis area, but it is known that in you events often concern your partner, or other people around you. There, it may be a general financial crisis due to the situation we have been living for a year, but it may be particular for some of you who have very fluctuating and apparently insufficient income. But if the 1st decan is still subject to these ups and downs, it will no longer be from the month of March.

Scorpion

The Mars / Uranus conjunction stands in front of you if you were born in late October and early November. It is possible that a partner is putting the maximum pressure on you and it is very difficult for you to live with. But this aspect can have a more general scope, especially since it is in dissonance with Jupiter, a planet which (among others) represents the foreigner. It is not excluded that something violent is happening in a country other than ours, in the United States for example.

Sagittarius

Jupiter, your planet is well located in relation to you (in Aquarius) but it is undergoing attacks from Mars and Uranus which can be destabilizing. The news of the day, or of the preceding days, can indeed play a role that causes you to worry, whereas in general you do not worry easily. It turns out that the situation is correct today and that there is indeed an event happening in the USA, the inauguration of the President. Would it be synonymous with violence (forecast written on December 9)?

Capricorn

You are one of the signs that keep their cool and you will watch what is happening from a distance, especially since the events do not concern you closely. There may be revolt in the air, at home or in another country, and even if you expect the worst, it will not affect you. Especially since you often predict the worst, your natural pessimism prompting you to do so. That said, it is not impossible that you are right and things will turn out badly, but elsewhere than in France.

Aquarius

As I told you yesterday, if you were born in January, nothing is easy at this time, Mars being conjunct with Uranus and in dissonance with Jupiter. An injustice, or a law that has been passed can unleash your anger, while the meeting between the Sun and Saturn can be restrictive. However, depending on your birth chart, if Jupiter is strong, it can also represent surprising days because you have been made an unexpected offer or a project takes off.

Pisces

The Mars / Uranus encounter is exact and this conjunction is in harmony with you; if it’s february, now is a good time to make a sharp decision about your future or a project you have in mind. Certainly, this will make you think a lot, but it seems that you will make the right decision, while being very afraid of making a mistake, of not taking the right path, of putting a strain on your shoulders … will be just an impression and not necessarily reality.

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Economists: What the 15-kilometer ban means for Germany’s economy

economy Economic growth

Germany is immune to the 15-kilometer ban

| Reading time: 3 minutes

DIW lowers growth forecast for Germany

The German Institute for Economic Research has significantly lowered its forecast for the growth of the German economy this year due to the corona pandemic. The aviation and tourism industries are hit particularly hard by the crisis.

The extension of the lockdown is bitter for retailers and restaurateurs, but the domestic economy as a whole is doing little harm, say economists. Politicians should not make one mistake.

ÖEconomists consider the economic consequences of restricting the range of motion to 15 kilometers in areas with particularly high numbers of infections to be manageable. “If professional mobility remains possible, the additional economic costs should be kept within limits,” said Gabriel Felbermayr, President of the Kiel Institute for the World Economy (IfW), to WELT.

Tourism, gastronomy, shopping trips are not possible anyway. Michael Hüther, Director of the Institute for the German Economy (IW), sees it similarly. From his point of view, it is also crucial that “the trip to the production site remains possible”. The federal government and the federal states want to tighten the freedom of movement in corona hotspots: In districts with a seven-day incidence of over 200 new infections per 100,000 inhabitants, the federal states will take local measures “to limit the range of motion to 15 km around the place of residence, unless there is a valid reason is available ”, as it was said before the end of the federal-state talks. Day trips are “explicitly” not a valid reason in this regard.

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ARCHIVE - November 16, 2020, Berlin: Federal Chancellor Angela Merkel (CDU, M), Michael Müller (SPD, l), Governing Mayor of Berlin, and Markus Söder (CSU), Prime Minister of Bavaria, leave a room in the Federal Chancellery after a press conference.  Merkel is meeting the prime ministers of the federal states again to discuss further measures to combat the high number of corona infections.  (to dpa “D for Drosten, Q for lateral thinking: The ABC for the crisis year 2020”) Photo: Odd Andersen / AFP / POOL / dpa +++ dpa-Bildfunk +++

In addition, the lockdown will be extended until the end of January. The chairman of the economy, Lars Feld, assumes that the lockdown extension will cause the economy to “weaken further and overall economic growth will be less strong this year” than was forecast in the autumn by the council of experts for the assessment of macroeconomic development.

“Nevertheless, there may be an upswing in spring that can keep GDP growth in 2021 at a good three percent,” said Feld. In terms of financial policy, Germany is in a good position despite the extended restrictions and still has a lot of leeway. “Overall, the German economy is well positioned so that it can get through such a severe crisis well,” said Feld. “That does not mean that all companies will survive this – despite all state aid.”

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Graduation in Corona times

Clemens Fuest, President of the Ifo Institute, sees it similarly. The extension is painful for the industries affected, especially retail and catering. But it should not be overlooked that large parts of the economy, especially those in the manufacturing sector, remained open. “As long as this is maintained, the economic effects are not so severe that one has to fear a sharp collapse in economic activity.”

From Huether’s point of view, the development can have very different distribution consequences depending on the industry. “High-wage jobs in industry are largely stable, while lower-skilled jobs – retail, hotels, restaurants, events – are particularly affected,” he said. With a view to long-term damage from closures and bankruptcies, it is therefore clear to Hüther: “A further extension of the lockdown beyond January must absolutely be avoided.”

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Essen, Ruhr area, North Rhine-Westphalia, Germany - retail in times of the corona crisis with the second lockdown on the day before Christmas Eve, the shops are closed, but some offer pick-up stations, MediaMarkt customers pick up goods ordered online.

Like Hüther, Fuest also sees rapid vaccinations as the decisive factor for success. If necessary, Germany would be able to hold out the lockdown even longer. “The aid for the closed companies and their employees can be financed, if necessary until spring,” he said. However, it is clear that these loans will have to be serviced in the future. “In this respect, it is important that the help is as targeted as possible, and that there is as little overcompensation as possible.”

The German Institute for Economic Research (DIW) is already looking ahead. “If the infection numbers are effectively reduced, a strong recovery is possible in the spring,” said Claus Michelsen, head of business at DIW. However, this would not prevent a sharp increase in company closings. “Small and medium-sized companies in the service sectors and in trade are likely to be particularly affected,” said Michelsen. Their equity base was already thin before the crisis and is now likely to have largely been used up.

IfW President Gabriel Felbermayr identifies some winners as well as losers. “Manufacturing and construction are doing pretty well so far,” he said. For example, tax consultants and pure online companies would have boomed times. “The bonanza continues for them.”

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Strong forecasts convince: According to Goldman Sachs, Disney shares should continue to grow | 12/25/20

Disney +, the streaming service of the entertainment giant Disney, currently has around 137 million customers across its various platforms – the company recently announced that it will be significantly more within the next four years. That makes both investors and analysts positive for Disney shares.

• Disney wants to focus on the streaming business
• Investors celebrate Disney’s forecast: share climbs to record high
• Goldman Sachs bullish: highest price target among Wall Street analysts

On December 11th, Disney shares hit a new record high of $ 179.45 after investors celebrated that the company announced on its investor day that it would focus more on its streaming business in the future.

Strong forecast for subscriber numbers

The media company’s streaming service, Disney +, started just about a year ago, in November 2019. With its goal of reaching 90 million paying customers by the end of 2024, Yahoo Finance reports that Disney may have underestimated its own brand value because Disney + already have more than 86 million subscribers worldwide. On Capital Markets Day, Disney announced its goal of reaching 350 million streaming subscribers via its various platforms – including Hulu and the planned Star offer – by 2024.

India has made an important contribution to Disney’s success to date, where Disney has taken a dominant position in the streaming market with Hotstar, an offer from Disney subsidiary Star India. According to Disney, almost a third of its worldwide subscribers come from India, reports Yahoo Finance.

Price increase in 2021

This year Disney was able to benefit from the corona crisis, the associated restrictions on public life and the “stay-at-home” trend. In order to retain viewers in the long term, Disney wants to keep offering its subscribers new films and series. Disney + customers could expect 100 or more new titles a year, according to Reuters, according to the entertainment giant’s plans – although the monthly subscription costs could be increased in some places.

For the USA, the company has already announced a price increase for Disney + from March 2021: Instead of the previous US $ 6.99, customers will then pay US $ 7.99 a month – a small price increase that will encourage at least customers to cancel their subscription but will have a positive long-term impact on profits, according to Yahoo Finance. Disney is following the example of its competitor Netflix, which has also used price increases over the years to improve profit margins. According to a study by Harvard Business School, the company should then invest the additional income in the creation of new Disney originals, as these are key sales drivers for the industry.

Goldman Sachs bullish for Disney

In addition to investors, analysts are also positively surprised by Disney’s forecasts for its streaming business. According to Reuters, John Hodulik of UBS had expected 266 million users by this time and said that Walt Disney was best placed to compete as a traditional media company with the tech giants worldwide.

However, the analysts at the US bank Goldman Sachs are the most bullish: They currently hold the highest price target for Disney shares among all Wall Street analysts who cover the company. They missed a price target of 200 US dollars for the stock of the media company and thus believe the paper has upside potential of around 15 percent, based on the current price, which is 172.89 US dollars (as of the closing price on December 18, 2020 ).

“Disney’s updated long-term goals for its Disney + / Star streaming services are well above our previous base case estimates and, as we believe, well above investor expectations. We believe this outlook is achievable, particularly as it changes the service’s content offerings new Star shipments outside of the US are expanding, “Yahoo Finance quotes Goldman Sachs analysts from a research report to customers.

Finanzen.at editors

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Börse Express – analysts on Vienna Airport, Marinomed, Palfinger and Vienna Insurance Group

Hauck & Aufhäuser confirms the Buy recommendation for Palfinger – and increases the target price from EUR 34.0 to EUR 35.0. Last closing price: 20.35 euros – average target price: 23.45 euros. Last closing price: 20.35 euros – average target price: 27.06 euros.

HSBC confirms the Reduce recommendation for Vienna Airport – and increases its target price from EUR 30.0 to EUR 23.0. Last closing price: EUR 26.85 – average target price: EUR 23.45.

HSBC is resuming the suspended recommendation for Vienna Insurance Group with a hold – and names 21.2 euros as a target price. Last closing price: 20.35 euros – average target price: 23.45 euros.

FMR Research confirms the Buy recommendation for Marinomed – and increases the target price from EUR 129.0 to EUR 134.0. Last closing price: 118.0 euros – average short term: 134.85 euros.

(Bloomberg/red)

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Economic forecasts are favorable to Spain, which could lead the recovery

The European Commission participates in a similar belief, although with a different calendar: On November 5, it predicted that Spain will grow in 2021 in line with its partners, after predictably losing 12.4% this year, and that it will lead the expansion in 2022, only behind from Malta. And the US investment bank Goldman Sachs was even more optimistic on November 11 because it sees Spain growing next year at 7.1% and 6.4% in 2022, ahead of its partners and also the world average : 6% in 2021 and 4.6% in 2022.

The Spanish uniqueness, characterized by serious breakdowns followed by sudden recoveries such as those experienced in the 60s, 1985-1992, 1993-2007 and 2014-2019, make it possible that these omens could materialize at the expense of how tough the current wave of the pandemic is, that there are no other waves, that vaccines arrive soon, that extraordinary European funds are unblocked and that Spain knows how to take advantage of them , that the ERTES, ICO lines and other protection measures keep the hardest hit productive fabric latent until then and that the crisis in the real economy does not result in financial and sovereign.

Spain’s traditional capacity for resounding collapses and strong recoveries was once again evident this year: it was the country of the major European economies that fell the most in the second quarter with lockdowns (-18.5%) and the second that most it rebounded after France with the reopening of activity in the third quarter: + 16.7%.

“The Spanish economy is very strong as soon as the virus outbreaks are controlled”

Nadia Calviño – Minister of Economy


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“I have enormous confidence. Spain always surprises for the better, ”argued former minister and vice president of the ECB Luis de Guindos on September 17. And his former roommate Cristóbal Montoro asserted on November 3 that Spain always “beats the worst forecasts”. That same day, the Minister of the Economy, Nadia Calviño, said: “The Spanish economy has great strength as soon as the virus outbreaks are controlled.” Even so, it is foreseeable that the country will not be able to recover the GDP level of 2019 until the end of 2022 or the beginning of 2023.

Spain is urged to return to pre-Covid levels to heal damage and stop unemployment. But, beyond that, land encourages taking advantage of the recovery and the funds that come from Europe to undertake a transformation that exempts him from such a pendular and extremist behavior, inherent to his sectoral specialization. Each country does what it knows and can do, according to its capabilities, and it must be acted upon. It is not a question of giving up anything that we have, but of aspiring, in addition, to what is not sufficiently available and which is typical of economies with greater solidity, industrial weight, added value and the ability to withstand cyclical adversities.

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Börse Express – Analysts for Andritz, Mayr-Melnhof, Raiffeisen Bank International, Valneva, Varta and Verbund

Societe Generale confirms the Buy recommendation for Raiffeisen Bank International – and reduces its target price from EUR 20.0 to EUR 19.0. Last closing price: 15.05 euros – average target price: 18.02 euros.

Goldman Sachs re-rates Andritz with a Buy recommendation – and names EUR 41.0 as a target price. Last closing price: 33.74 euros – average target price: 38.25 euros.

Kepler Cheuvreux confirms the Buy recommendation for Mayr-Melnhof – and increases the target price from EUR 164.0 to EUR 166.0. Last closing price: 149.2 euros – average target price: 155.25 euros.

RCB confirms the hold recommendation – and increases its target price from EUR 150.0 to EUR 154.0.

Barclays confirms the recommendation equal to underweight for Verbund – and the target price from 44.0 to 43.0 euros. Last closing price: 54.2 euros – average target price: 44.83 euros.

First Berlin confirms the buy recommendation for Valneva – and reduces the target price from 9.1 to 8.4 euros. Now no longer the highest of all course targets. Last closing price: EUR 5.61 – average target price: EUR 7.31.

MM Warburg confirms Varta’s recommendation to sell – and increases its target price from EUR 80.0 to EUR 85.0. Also the lowest of all course targets. Last closing price: 114.8 euros – average target price: 119.6 euros.

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Börse Express – Analysts for EVN, Varta, Verbund and voestalpine

Commerzbank confirms the Reduce recommendation for voestalpine – and increases the target price from 14.0 to 22.0 euros. Now no longer the lowest of all course targets. Last closing price: 25.55 euros – average target price: 21.81 euros.

Wr. Privatbank confirms the recommendation to sell – and increases the price target from 18.2 to 20.0 euros.

Barclays reduced the recommendation of Equalweight to underweight for Verbund – and the target price from 44.0 to 43.0 euros. Last closing price: 54.15 euros – average target price: 44.83 euros.

RCB confirms the Buy recommendation for EVN – and increases its target price from 19.0 to 20.0 euros. Last closing price: 14.78 euros – average target price: 17.75 euros.

Commerzbank confirms the Hold recommendation for Varta – and reduces the target price from 125 to 115 euros. Last closing price: 115.5 euros – average target price: 119 euros.

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Börse Express – analysts on ams, Andritz, CA Immo, Immofinanz, Mayr-Melnhof, Polytec UBM, Wienerberger

Kepler Cheuvreux confirms the Hold recommendation for Andritz – and reduces the target price from EUR 34.0 to EUR 32.0. Last closing price: 32.58 euros – average target price: 38.16 euros.

On Field Inv. new rating Wienerberger with the recommendation neutral – and 24.0 euros as a target price. Last closing price: 23.96 euros – average target price: 25.84 euros.

Kepler Cheuvreux confirms the Buy recommendation for Immofinanz – and reduces the target price from EUR 20.0 to EUR 15.0. Last closing price: 13.45 euros – average target price: 19.16 euros.

Kepler Cheuvreux confirms the buy recommendation for CA Immo – and reduces the target price from 35.0 to 32.0 euros. Last closing price: EUR 26.85 – average target price: EUR 35.75.

RCB increases UBM’s recommendation from hold to buy – and reduces its target price from EUR 43.0 to EUR 39.0. Now the lowest of all course targets. Last closing price: 32.0 euros – average target price: 42.67 euros.

Kepler Cheuvreux confirms the Buy recommendation for Mayr-Melnhof – and increases the target price from EUR 158.0 to EUR 164.0. This sets the only highest price target to date. Last closing price: 13.45 euros – average target price: 19.16 euros.

RCB confirms the Buy recommendation for Polytec – and increases its target price from EUR 7.0 to EUR 8.0. Last closing price: 6.0 euros – average target price: 7.72 euros.

Kepler Cheuvreux confirms the Buy recommendation for ams – and increases the price target from CHF 27.0 to CHF 28.0. Last closing price: 22.24 CHF – average target price: 25.32 CHF.

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