Artificial intelligence and, above all, a single share are putting stock exchanges around the world in record mood, including the Dax. Investors should be aware of the risk but not dramatize it.
Perhaps the image of the party on the global stock markets is overwrought, but these days it is more true than it has been for a long time. The stock market traders on the New York Stock Exchange put on specially printed baseball caps to celebrate the price rush; the numbers speak for themselves anyway: for the first time in its history, the German leading index Dax was above the 17,000 point mark every day for a week Monday there was another high. The American stock market barometer S&P 500 closed 15 of the past 17 weeks in the black, something that has not happened since the fall of the Iron Curtain.