Germany’s economy is in shambles, yet the DAX keeps rocketing to record highs.

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Germany’s economy is struggling, but the DAX keeps soaring to fresh all-time highs. How? It’s a blatant disconnect from reality. Manufacturing is in decline, energy costs are crippling industries, and consumer sentiment is weak—yet the market marches higher. This isn’t growth; it’s artificial inflation propped up by central banks and corporate buybacks. At some point, reality has to catch up, and when it does, the crash will be brutal.