Dax sentiment: "The party's over": Investors prepare for a consolidation at the end of summer
Investor sentiment is falling significantly faster than stock prices. Although they expect prices to rise again from October, things could get uncomfortable until then.
The German stock market experienced a decline last week, with the Dax index falling by over 1 percent due to concerns about interest rates and the ongoing Iran war. Despite this, the index remains close to its record high, with a distance of less than 2 percent. A survey of over 10,000 private investors, conducted by Handelsblatt, showed a significant drop in investor sentiment, falling to zero points from 3.5 points the previous week.
The survey was evaluated by Stephan Heibel, managing director of AnimusX. Heibel described the development as a shift from "party mood" to "disillusionment".
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Lars Feld: Die Anzeichen für eine weltweite Finanzkrise mehren sich handelsblatt.com
