Interesting juncture here: all timeframes show a bullish trend in the German index...
I would assume there is some correlation to the trend in the Euro improving, together with the generally bullish long term trend that we observe in equities across the board since this quarter.
But, nevertheless interesting to point out this pattern. Germans who might invest in local equities for their retirement would be wise to increase their contributions now. And if you're in Europe, consider owning some local currency and assets for a change.
That said, this is likely correlated to the long term trend in precious metals and crypto, so there's more than one way to profit from this trend.
Here's to better times for everyone...🥂
Cheers,
Ivan Labrie.
I would assume there is some correlation to the trend in the Euro improving, together with the generally bullish long term trend that we observe in equities across the board since this quarter.
But, nevertheless interesting to point out this pattern. Germans who might invest in local equities for their retirement would be wise to increase their contributions now. And if you're in Europe, consider owning some local currency and assets for a change.
That said, this is likely correlated to the long term trend in precious metals and crypto, so there's more than one way to profit from this trend.
Here's to better times for everyone...🥂
Cheers,
Ivan Labrie.