German Stocks' Record Run Defies Deepening Economic Gloom

By Jan-Patrick Barnert and Michael Msika, Bloomberg Markets Live reporters and strategists

Sluggish domestic growth, an increasingly unpopular government and a key client - China - struggling to revive its economy: The backdrop for German stocks seems at odds with the country’s benchmark trading at record highs.

That disconnect has investors wondering whether the DAX Index can add to this year’s 13% gains, given that measures of investor and business confidence point to further sluggishness ahead for the economy.

via September 4th 2024