German stock index outruns US counterparts. And it’s just a beginning
The epic rally of S&P 500 proved once again that stock indexes recover faster than GDP after a recession. If this theorem is correct, a faster growth of a stock market correlates with the corresponding economy’s faster return to the trend. In this regard, the 40% rally of S&P 500 from March’s maximums isn’t as impressive as German DAX 30’s 50% retracement from the bottom. Germany will recover faster than the US. It is positive news for both the euro and the fans of the eurozone’s largest economy.
Read full author’s opinion and review in blog of #LiteForex