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.
The stock markets were able to increase again yesterday. But is this already the turnaround, as many believe? Decisive factors are still missing. The stock markets were able to rise again yesterday. Thus, the massive […]
What a tremendous movement. Within 27 hours the oil price (WTI) falls by a little more than 5 dollars to a low of 57.30 dollars yesterday evening. Currently it has recovered slightly overnight to 58.54 […]
Psychology is a decisive factor for the stock markets. This is especially true for the current situation with the coronavirus. What is currently happening in China is a strange constellation: the largest wave of population […]