I’m Calling The Top In The DAX – Part 2

Two months ago, I called the top in the DAX,

I’m Calling The Top In The DAX

Last week, the final GDP result showed a decline of 0.2% in the third quarter, in line with expectations, but marked the first decline since 2014.  Manufacturing PMI fell to 51.6, this marked a fourth straight drop in manufacturing activity.

German industrial output unexpectedly fell in December for the fourth consecutive month, sending another signal that growth in Europe’s biggest economy is weakening.  Analysts said the fall makes it more likely that the economy contracted in the fourth quarter, which would translate into a recession after

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