Frankfurt The good news first: Despite all the uncertainties and fluctuations on the stock exchanges, experts do not expect a sustained slump in the stock markets. This is the result of the half-yearly survey conducted by the Federal Association of Public Banks (VÖB) among five of its major member institutions.
In the opinion of Helaba, Dekabank and Landesbank Baden-Württemberg (LBBW), the Dax should be slightly higher than it is now in six months. BayernLB and NordLB expect the Dax level to be around the current level.
The bad news: Nobody believes that the leading index will continue its really good times in the next six months or even a year and mark a new all-time high. Helaba is still the most optimistic here: it sees the Dax at 16,200 points in twelve months.
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