Mr. Hatzius, there is a noticeable discrepancy in Germany. Much economic data, both economic and structural, points to serious problems. And yet the German stock index Dax is rushing from one record to another. What is happening there?
To explain this, it is necessary to look at the broader international context. The German stock market is linked to a limited extent to the national economy, but rather to the global economy, especially for large German companies with an international presence. And if you look at their development over the past two years, then the growth, at least, did not disappoint expectations. Inflation was brought down again, with much less of a negative impact on labor markets than many expected.
Source: Frantfurter Allgemeine
I work as an author at the World Herald News, a news website that also covers the economy. I have been writing about economic topics for over six years and have written extensively on topics such as unemployment, housing prices, and the stock market. My goal is to provide readers with expert insight into these important issues so they can make informed decisions.
