The German central banks comments in its monthly report Germany likely in recession now on weak external demand, muted consumption There is still no recovery in the economy The weak phase in the economy will continue
Common sense would expect that this must be the peak, and that from now on things can only get worse... BUT, things can also be different b/c markets are following other markets... Ie. if US economy is good, then its markets will rise, and the followers will follow... like this poodle named Daxilein
and Germany is recording record trade surpluses. Look at the financial mess of the US. Someday the piper will be paid.
Every index worldwide Is flirting with highs. Even the nikkei trying to break out to a new historic high not seen in 40 yrs.
The endgame of the Western Welfare State is that investors don't believe in their capacity to endlessly print money. That is the original reason for the rise of BTC. Pensions will not be paid off as planned. Real assets will continue to rise and stocks are part of that. Real estate doesn't even go down anymore at least here in California. Mortgage rates went from 1% to 8% and houses sell for more than before.
Dax just break the historic record high !!! So when recession is coming, stock market will go higher and higher When external demand is weak, stock market will go higher and higher. When consumption is muted, stock market will go higher and higher. When there is still no recovery in the economy, stock market will go higher and higher. ________________ I suspect the OP message / Germany monthly report is is 16 years old.
Not until interest rates go down. The November & December out-performance was due to the 10 year rate going from 5% to 3.88%. Plus now you have the NYCB albatross hanging over the IWM & KRE.