FRANKFURT (DEUTSCHE-BOERSE AG) – Some bears have taken advantage of the temporary price weakness to move to the sidelines without losses. According to Joachim Goldberg, this reduces the prospect of further price gains.
September 11, 2024 – The DAX’s performance since the beginning of the month has certainly reminded many market participants of the price slump at the beginning of August. The stock market barometer has indeed weakened by almost 4% at times since the beginning of the month, but this setback has been much more moderate compared to August. It is true that many people have pointed to the traditionally weak Borsen month of September, which may be associated with a high potential for unrest. However, we also know that the bearish majority of the institutional investors we surveyed would not have found a decent correction inconvenient. Even though the DAX, in contrast to the US indices, fell yesterday, at the time of…
