FRANKFURT (DEUTSCHE-BOERSE AG) – The DAX has pulled ahead of the S&P 500 since the beginning of October. The stock market world is amazed. Is this the long-awaited turning point for German equities? Is the stock market landscape on the verge of change, with Germany’s underdog role finally coming to an end? Ali Masarwah, fund analyst and managing director of the financial services provider envestor, wonders.
David versus Goliath: the DAX is catching up.
December 16, 2024 FRANKFURT (envestor). Everyone is talking about the seemingly endless dominance of US equities, but an astonishing story has been circulating in recent months: The DAX overtook its big brother S&P 500 in the fourth quarter – regardless of the much-cited Trump trades. With an increase of 5.6 percent since the beginning of October, German blue chips have moved ahead of the leading US index, which gained 5.3 percent. The DAX has been particularly strong so far…
