FRANKFURT (DEUTSCHE-BOERSE AG) – Falling prices are being used by a number of professionals to switch from the bear camp to the sidelines, with only a few private investors daring to buy. Joachim Goldberg knows whether a return to the rally can be expected in this setting.
February 27, 2025: The bears in this country have not only had to come to terms with the result of the recent parliamentary elections, even if it is always said that political bears have short legs. At the same time, sentiment in the US deteriorated significantly at the end of last week (see, for example, the purchasing managers’ index for service providers and consumer sentiment, but also the recent decline in consumer confidence). Coupled with higher inflation expectations, this led to significant falls in US equities – since our last sentiment survey, we have recorded a drop of around 2.6%. This development is in stark contrast to the Bank of America…
