Dusseldorf Psychological effects should not be underestimated on the stock exchange. A phenomenon that can be abbreviated to four letters seems to be playing a role: FOMO. The “fear of missing out” effect means many investors fear missing out on a stock rally.
This is exactly what could help the Dax again this week – just like last Friday. It even reached a record high of 16,331 points during trading.
Today, Monday, the leading German index closes at 16,223 points, down 0.3 percent.
Given the risks on the markets – high inflation, high interest rates, the ongoing risk of recession – the recent rally came as a surprise to many large investors.
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