Bull market 2024: Financial experts discuss stock markets in Germany and the USA
According to a report from www.n-tv.de, financial market experts are discussing the development of the stock markets in Germany and the USA in 2024. The rising stock markets were primarily supported by falling inflation rates. Experts are divided as to whether the bull market will continue or whether a correction is imminent. Reinhard Pfingsten from the Deutsche Apotheker- und Ärztebank sees the strong price increases as a counter-reaction to the poor stock market year of 2022, but is optimistic that the positive trend will continue. Marco Herrmann from FIDUKA Depotverwaltung warns of possible consolidation phases that could lead to a correction, but believes in the medium-term upward trend. Michael Wittek from...

Bull market 2024: Financial experts discuss stock markets in Germany and the USA
According to a report from www.n-tv.de, financial market experts are discussing the development of the stock markets in Germany and the USA in 2024. The rising stock markets were primarily supported by falling inflation rates. Experts are divided as to whether the bull market will continue or whether a correction is imminent.
Reinhard Pfingsten from the Deutsche Apotheker- und Ärztebank sees the strong price increases as a counter-reaction to the poor stock market year of 2022, but is optimistic that the positive trend will continue. Marco Herrmann from FIDUKA Depotverwaltung warns of possible consolidation phases that could lead to a correction, but believes in the medium-term upward trend. Michael Wittek from Albrecht, Kitta & Co. sees corrections as normal on the stock market. Oliver Zastrow from the Qcoon Group warns of potential corrections and high volatility due to the tension between inflation and interest rate expectations.
The experts also discuss investors' expectations regarding interest rate cuts by central banks and the impact of wage increases on inflation. The development of the oil price and the risks of recession in the USA and Europe are also analyzed. The experts are optimistic that the stock markets could continue to have positive surprise potential.
According to experts' discussions, there could be a moderate increase in corporate profits in 2024, both in the USA and Europe. The valuation gap between the US tech giants and the broader market, as well as between different regions, is considered critical and points to the possible trend reversal in the future.
Based on the experts' discussions, there is a possibility that the stock markets in Germany and the USA could continue to surprise positively in 2024, although potential corrections and volatility are to be expected. Future developments relating to inflation, interest rate cuts, wage increases and the global economy are highlighted. These factors can have a significant impact on the market, the consumer and the entire industry.
Read the source article at www.n-tv.de