StockBeat: DAX Hits 17-Month High on Hope That Germany Has Hit Bottom"WTF"!

Investing.com -- Has the German economy touched bottom?

The stock market thinks so: the DAX index rose to its highest since May last year Thursday after upbeat earnings from market heavyweights Daimler (DE:DAIGn) and BASF (DE:BASFN) gave rise to hopes that the worst of a two-way squeeze from Brexit and the U.S.-China trade war may be over. That helped the benchmark Euro Stoxx 600 rise 0.5% to its highest since January last year. It's now less than 1% away from the 400 level [link to www.investing.com (secure)]

Is it me or is this the most nonsensical statement ever, like an oxymoron.


How in the f*ck can a market hit highs on hopes of it hitting all-time lows?

It's like us having a record low-interest rate with all-time highs.

In the past higher rates were used to slow down an overheating economy.


Nothing makes sense anymore!