Economists expect the economy on the financial markets to cool down

by time news

2023-06-07 16:54:42

Dhe situation on the stock market can be described as lethargic. This reflects the course development in the past few weeks. The record high that the Dax reached on May 19 with 16,331 points is currently a good 2 percent away. On Wednesday, the Dax was 0.3 percent lower in early business at 15,948 points. At present, there is little to suggest that the stock markets will record significant price gains in the second half of the year. According to the current comments from market observers, the opposite is to be expected.

On Tuesday, the former chief economist of the European Central Bank (ECB), Jürgen Stark, together with Werner Krämer, chief economist at Lazard Asset Management, published an outlook that takes a very critical look at the role of the central banks. In September 2011, Stark announced his resignation from the ECB because of his criticism of the bond purchases. Now he accuses the central banks of being partly to blame for the currently difficult market situation.

#Economists #expect #economy #financial #markets #cool

You may also like

Leave a Comment