Zoking with the virus


 

The cops are out of line. As soon as there's evidence of a Corona vaccine, the stump will thump on the parquet floor. The bull symbolizes rising prices on the stock exchanges (because he raises the horns from below), and the bear, which strikes with the tattoo from top to bottom, stands for the downward trend. The cops have been out for about four weeks, the German Stock Index (Dax) has gained a good 30 percent since then. However, the consequences of the bear market are far from being balanced: from mid-February to mid-March, the index fell by 40 percent.

Panic follows panic

The sales panic followed. Because rationally, the Dax jump is not nearly six percent to the beginning of the week. It is true that the stock market situation also indicates the development of the real economy in the coming months. But at the moment the courses are running away from the economic data. This is true of the macro-economy, the collapse of the global economy and all economies with devastating consequences for prosperity, the labour market and public budgets, as well as for the micro-economy: the first quarter was still relatively successful for most companies, But the business figures for April to June will be terrible. The current forecast that the 30-Dax Group will experience an average profit decrease by a good 20-percent this year will then prove to be far too optimistic.

Bears in Lauderdale

It doesn't have to draw the bears out of the cave right away. They'll definitely come out when the second Corona wave rolls. And if, above all, the United States is affected. The US social system is not good enough, and that is why politics will try to get the 35-million unemployed back to work as quickly as possible. It's dangerous. But the election is in November, and the White House nut job is all about re-election. The biggest risk factor for global stock exchanges remains the American President.(徳囯ASK电容器)