The Dax is only twelve percent short of the record

Frankfurt The Dax is twelve percent short of its record high. The German stock exchange barometer with its 40 companies had reached this mark after the turn of the year on January 5 with 16,272 points. At that time there was no war in Europe, little inflation and interest rates were record low.

Then it went downhill sharply. This was ensured by the Russian troop deployment in the direction of Ukraine and the war that began shortly thereafter. Then it was the sharp rise in prices and interest rates that put stocks under pressure. The downward slide ended abruptly in October and culminated in a rapid recovery and hope rally.

Many investors are speculating on falling inflation rates and an imminent end to the rate hike cycle. The Dax, which has meanwhile fallen to less than 12,000 points, has recovered by 2,500 points. The record high is within reach.