Independent thinking for complex markets and current events
🚨EUROPEAN MARKETS IN FREEFALL – FTSE, DAX, CAC PLUNGE European stock markets are seeing steep declines in early trading. The FTSE 100 is down nearly 6%, while Germany’s DAX, after plunging 10%, is now 7.6% lower. France’s CAC 40 is also down 7% as volatility surges across the… https://t.co/7Iblpv8YsL pic.twitter.com/fDUdR8ATLg — Mario Nawfal (@MarioNawfal) April …
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, …
"These numbers look terrible. It's like the Eurozone’s manufacturing recession is never going to end. As new orders fell fast and at an accelerated pace, there’s no sign of a recovery anytime soon," HCOB Chief Economist Cyrus de la Rubia said. — The Coastal Journal (@1CoastalJournal) December 2, 2024 Good Morning from Germany where another …