The leading index Dax returned to its sideways range on Tuesday.
Does the bankruptcy of the Silicon Valley Bank (SVB) only affect a few other institutions or is it the beginning of a new major crisis? Nobody can give an answer to this question at the moment.
In view of the turbulent trading days with a price slide of up to 800 points on the leading German index Dax, however, the events can be classified. Are these losses just the beginning of a crash or a cheap entry opportunity?
One thing is clear: Despite the sharp fall in prices, it has so far been a rather common setback on the German stock market. Compared to the high for the year of 15,706 points, the Dax has fallen by around five percent and at times fell to 14,887 points.
Such a drop should not come as a surprise to investors, especially after a more than 30 percent rally since late September last year. Setbacks of six to seven percent are more common.
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