Unlike other indices—including the American S&P 500, the Italian FTSE MIB, and the Spanish IBEX 35—which have quickly and somewhat surprisingly returned to within touching distance of their recent or all-time highs, the German DAX has lagged in its recovery. In this respect, it more closely resembles the Dow Jones Industrial Average, likely due to […]
Several European indices have started the year at unprecedented levels. Spain’s IBEX 35 has surged to 17,620, the pan-European Euro Stoxx has climbed to 5,938, and Germany’s DAX is now trading around 24,960. The French CAC 40 is also very close to a bullish breakout. To this list we should add Italy’s FTSE MIB, which, […]
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