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German Perspective - 09.06.20

09/06/2020

What happened this week: The strange times continue. We got another example of how little things in the markets are synchronised. Stock markets continue to rally and the levels they are climbing to are impressive. There doesn’t seem to be much correlation with reality, but then investors mostly trade the future and not the present. Investors are not always right, but the stubborn trend of recovery is impressive and given those pouring money into the markets are often privy to better information than the average person we have to assume that there is an recovery on its way. 

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