Germany’s DAX vs. Consumer Confidence: We’ve Seen This Before
by Editorial Staff
Updated: December 17, 2021
Here at EWI, we know that markets are driven by investor psychology, which does not depend on "economic fundamentals." It follows its own rhythm.
One way to measure psychology is to look at consumer confidence. Usually, it follows the stock market. But sometimes, it leads -- like it did back at the historic 2007 stock market peak.
Watch our Global Market Perspective contributor Brian Whitmer show you what today's picture in German consumer sentiment suggests for the DAX and beyond.
Free, watch now >>
Create a free account and join Club EWI. We’ve helped over ½ million traders and investors learn to use Elliott waves. You get:
- Full access to Elliott Wave Principle — Key to Market Behavior
- Exclusive articles and interviews with our analysts
- Invitations to access our premium analysis
Ranked #1 for Customer Care 2020
by LiveHelpNow!
by LiveHelpNow!