The DAX has been on a tear since the beginning of the year
After a rough patch in 2022, the DAX has been on a tear since the beginning of the year, gaining over 10%. The index is now back above its pre-pandemic level and is poised to continue its upward trajectory.
There are many reasons for the DAX’s strong performance
There are many reasons for the DAX’s strong performance, including:
The DAX is expected to continue to perform well in the coming months
Most analysts expect the DAX to continue to perform well in the coming months. The index is trading at a reasonable valuation and there are a number of positive catalysts for the German economy. The only major risk to the DAX is a global recession, which would hurt demand for German goods and services.
Investors should consider adding DAX exposure to their portfolios
For investors looking to add exposure to the German market, the DAX is a good option. The index is well-diversified and it provides access to some of the world’s largest and most successful companies.
Kind regards E. Thompson.
