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.
The stock market started with slight discounts on Monday. The leading German index was at 16,259 points in the morning, down 0.1 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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