Will the rally be followed by the overdue stock market correction? Yesterday was initially a good start on Wall Street. The Nasdaq once again reached a new all-time high. But then a correction movement set in. Actually without any news that could be held responsible for this price movement. Is the band simply overstretched, especially for US tech stocks? Wall Street and thus the global stock markets had long ignored the danger that the recovery of the US economy would be stalled if the corona crisis did not end or subside soon. Now the information generated by Big Data is already showing clear signs of a slowdown. The US reporting season is now waiting for a comparison between reality and prices.
“The Fed cannot print money”, says Bank of America in view of the reaction of the US Federal Reserve to the corona crisis. It raises the price target for gold to 3000 Dollars. But will […]
Is the European economy really that weak – or why do stock markets remain so far behind in the long term?
Since the beginning of the year Europe’s stock markets have been performing at least as well as their US counterparts. The balance is different over a period of several years… In the short term it […]
The Corona crisis gives a new dimension to the now longer-paused trade war between the USA and China. The Trump administration increasingly tightens the tone against China, and Beijing “shoots back”. We are now witnessing […]