DAX Endeksi
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25-04-16 DAY 21'196 - More to come ..Bears comin'

104
The German Dax did last year a very outstanding performance.
Inbetween, some money switches from the USA into Europe. Germany as well.

The Chart shows very impressive, what 2001 happend. Also after a period, where everyone talked about "the Sky" is the Limit. After 2001 the Dax needed 5 years for revovering.

Germany actually stands for big problems:
. the new coaltition between CDU and SPD ist called the "Schuko" means "Schuldenkoaliation"
. immense cost for socialising all the refugees, since years and no way out to see
. Automobile Industrie in big problems, means 25% of the germans manufactoring sector
. Toll will come and net profit and Dividends will hammered down, first quarter will show
. P/E still 40%-50 over long term average of 15.

So, all in all. Keep away from the DAX, for a long time.

Feragatname

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