DAX all-time high and upside potential: expert opinions and forecasts

DAX all-time high and upside potential: expert opinions and forecasts

According to a report by www.stuttgarter-zeitung.de, Experts still see upside potential after the DAX all-time high, but warn of short-term resistance. Interest rate fantasies have been widespread in recent weeks, but expectations of rapid monetary easing in the euro area could be too high and cause price setbacks.

Hopes for interest rate cuts soon were recently fueled by ECB Director Isabel Schnabel. She said that the ECB had made great progress in the fight against inflation in the euro area and rejected higher interest rates. This led to speculation that key interest rates could be cut, which could promote economic growth.

Analysts and investment strategists assume that both the ECB and the US Federal Reserve could lower interest rates in the spring. The ongoing record hunt on the stock market is seen as possible, with potential for a moderate increase in the DAX and possibly a test of the 17,000 point mark.

In the long term, the positive sentiment on the stock market is supported by some experts, although the risks of setbacks have increased. However, some analysts see speculation on interest rate cuts as exaggerated and believe that tight monetary policy needs to be maintained for the time being given high inflationary pressures.

Despite possible turbulence over the course of 2024 and political uncertainties such as the US election campaign, some analysts are hopeful for the long term. According to LBBW analyst Uwe Streich, the DAX could be at 18,000 points at the end of 2024. However, NordLB expert Tobias Basse warns of greater turbulence over the course of 2024.

Overall, the price level in Germany can still be seen as attractive, especially compared to the United States. The financial industry will continue to focus on monetary policy and economic developments to assess potential risks and opportunities.