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> What's interesting though is that Germany is an industrial powerhouse compared to the US. The DAX is up 37% since 2015, the S&P500 is up 74%. (That's as far
by skookumchuck 8y ago
> What's interesting though is that Germany is an industrial powerhouse compared to the US.
The DAX is up 37% since 2015, the S&P500 is up 74%. (That's as far back as DAX goes on Yahoo finance.)
- jayalpha 8y agoHe said industrial powerhouse, not financial powerhouse.
- skookumchuck 8y agoIt's not the banking industry that is driving the stock market in the US.
- jayalpha 8y agoBased on P/E ratios, it's not the economy either.