2023-12-14 22:49:16
Before the complaints come, we would only ever advise buying stocks when there are records: That’s wrong. We also make records, but not only. It even happens much more often when the Dax weakens. In 2009, for example. It even dropped to less than 4000 points. But how can you recommend stocks in such a banking and recession crisis? Or even last fall during the gas shortage panic!
But the protests are even angrier when it comes to records. Especially when the 10,000 points in the Dax fell. Now it’s far too late for stocks, only one goal is buying now. Wrong again. The Dax is 70 percent higher today. And it will be another 70 percent higher in a few years – I bet.
The world’s prosperity has been growing for decades. A little slower in industrialized countries than in emerging countries such as China and India. But even a rich economy like the United States grew by a good 6 percent in nominal terms this year. This is reflected in the share prices. Since many companies in the major stock indices also have market power, they can charge higher prices (the higher inflation flows into their coffers). They can often even expand their margins.
Daniel Mohr Published/Updated: , Recommendations: 45 Daniel Mohr Published/Updated: , Recommendations: 34 Dennis Kremer Published/Updated: , Recommendations: 63
As an export index, the DAX benefits from global growth. Not every year, but almost every year. People abroad have long recognized this and hold the majority of DAX shares. Domestically, it takes a little longer to rethink things and it is more difficult to gain confidence. But it got going. And it’s never too late to buy stocks.
#Dax #rise #percent #bet