The year 2019 is over! The stock markets are now starting on all-time highs (US indices) or at least within sight of the all-time highs (Dax) after the lush profits of the previous year. What can be expected for the year 2020? The central banks are likely to remain the key factor for the equity markets. There is a close correlation between the Fed’s total assets and the S&P 500, for example. Accordingly, as long as the central banks expand their total assets, the equity market rally can continue. It is the central banks that have also caused volatility in other markets such as the currency markets to collapse to ultra-low levels. But after such low levels, volatility explosions usually follow.
Presumably, the central bankers had expected everything – just not that there would be a very serious attack on their monetary monopoly in the foreseeable future. And that is exactly the case with the rise […]
The Dax continues to plummet and falls below the 10,000 mark. How much further will this fall go? So far most of us have only experienced the Convid-19 crisis on the sidelines or in the […]
Are the stock markets a bubble? Perhaps, especially the valuations on Wall Street are pretty sporty, no question about it – especially if the economic situation in the USA continues to deteriorate. American industry is […]