The stock markets in the USA are currently experiencing their worst trading month since 1938. Much is reminiscent of the Great Depression of 1929 (and subsequent years). Also the course of the stock markets. A rally could now follow after the massive stimulus promises by central banks and governments. The markets are hoping above all for the 2.5 trillion stimulus package of the US government. The situation could now improve until the US stimulus is passed, after which another setback is likely to follow. However, the overriding principle is that a rally (such as tonight in Asia) is likely, but in the medium to long term we have not yet seen the lows. During the Great Depression of 1929, almost half of the losses of the crash were made up, before a sustained downward trend set in again.
Markus Koch (at the moment in Germany) is currently discussing (german video) the present situation on the market. He explains what should be important at the moment with reference to historical comparisons. Oil and bond […]
The Dax started today strongly into the trade – but right after it went down. What’s going on? The movement seems to have been triggered by the escalation of the situation in Hong Kong – […]
Latest news moving the markets! In Asian trade, US futures weakened after the US House of Representatives passed a resolution in favour of the Hong Kong democracy movement. China’s foreign ministry reacted sharply (interference in […]