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nvidia green premarket and not down 2%?? is it time for a +3% dax
Point is the Dax does not have to beat the S&P. It just has to perform better than the S&P minus depreciation and inflation deficit of the Dollar in comparison to the Euro in order to be the better play from a US perspective. In my opinion that is the only reason it was this strong in the first place. The german economy sure didn´t warrant a record run.
Dax stocks are being valued in Euro. The Dollar will decline versus the Euro thus it makes sense that currency aware investors would redeploy capital.
DAX went up more from US interest rate cuts than the SPY. Classic world market
have you seen the dax this year ?
Meanwhile, i’ve made 20,85% YTD with no currency loss just holding the german DAX. Srsly glad i moved on from just holding VOO.
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