The long-awaited correction has arrived, and it has announced itself in an exemplary manner. Just as the late stock exchange master André Kostolany described it in the last century: First the price fluctuations increase, then the prices no longer reach their previous level during recovery phases.
It is the same this time. This means that investors no longer use setbacks as in the past to buy more cheaply immediately. Rather, they sell in intermittent recoveries. This will feed the downturn by itself.
It is still a minor correction, especially since the stock markets recovered somewhat on Wednesday after the weak previous days. Dax, Dow and Co. are currently not even five percent below their all-time highs. That is almost nothing, given the growth of well over one hundred percent over the past ten years.
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further
Read on now
Get access to this and every other article in the
Web and in our app for 6 weeks.
Further