The DAX upswing has been taking an unusually very long time | EUROtoday
When will the Dax run out of steam?
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The upswing on the German inventory market has been taking an unusually very long time. Investors are hoping for key rate of interest cuts within the USA that may forestall a downturn. But “up and down again and again” is a part of the inventory market.
SThings have been going up for the Dax for 5 months. In the historical past of the inventory index since 1988, such a protracted improve has solely occurred twelve occasions. The statistics additionally present: Only 4 occasions did the inventory market upswing, measured in opposition to the DAX, last more than six months. This alone makes it clear: we’re in an unusually good section. Can you take pleasure in them for some time longer? Or will the Dax quickly run out of steam after the most effective first quarter since 2019 with a rise of greater than 10 %?
There are nonetheless hardly any indicators of fatigue. March was the second finest month for the Dax since November. The inventory index has already set 26 report highs within the brief 12 months of 2024, surpassing the common of twelve report highs for the complete 12 months.
https://www.faz.net/aktuell/finanzen/der-dax-aufschwung-dauert-schon-ungewoehnlich-lange-19633717.html