On the stock exchange, the word bull market stands for continuously rising stock prices, while bear market stands for continuously falling prices.
(Photo: Bloomberg)
Dusseldorf About a year ago, the leading German index Dax reached its record high: 16,285 points. It’s a long way back to these heights for the Frankfurt stock market barometer: it currently stands at 14,610 points. At least the direction is right. The first week of trading in 2023 was up 4.9 percent – that was the best start to a stock market year since 2003.
This rally could continue this week. In particular, the US inflation figures for December, which will be released on Thursday, have the potential to boost stock prices. Inflation had eased further in November from a peak of 9.1 percent last summer to an annual inflation rate of 7.1 percent.
The downward trend is likely to continue and encourage many market participants to believe that the US Federal Reserve will no longer raise interest rates very much. The trend in the euro zone is similar.
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