DAX has been trading in the same range for 6 years now, I don't really know why the ECB is trying so damn hard to pump it. I could see deflation being a concern, but trying to pump the market in the middle of a recession is hilarious. You know where the money is going.... US markets, especially dividend paying stocks.
In any case, the European market is now a giant crack whore, needing constant stimulus to pump it in an attempt to reach a high, lol.
By next year, everything will be trading at a P/E of 200 and dividend yield of .5%, lol.
Oh, the whole point was more ECB stimulus next Thursday.
In any case, the European market is now a giant crack whore, needing constant stimulus to pump it in an attempt to reach a high, lol.
By next year, everything will be trading at a P/E of 200 and dividend yield of .5%, lol.
Oh, the whole point was more ECB stimulus next Thursday.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.