Stock price targets raised - despite fewer US interest rate cuts

Article by Carsten Klude

The stock markets have started the new year with a lot of momentum, seamlessly continuing the suprisingly good performance of 2023. The DAX has already exceeded our year-end forecast of 18,000 points, and the same applies to other indices such as the S&P 500 and the Euro Stoxx 50. This raises the question of what the future holds and how investors should position themselves. Take profits or let them run?

In the current issue of "Economic Situation and Strategy" we explain why it would be healthy to take a breather, but that we expect prices to continue rising until the end of the year.