the private-wealth stock market indicator delivered at the end of February ein Verkaufssignal . As you know, this is not about forecasting Trendwenden exactly on the stock markets. However, we are trying to find out when the relationship between opportunity and risk changes when investing in equities. The logic: Wenn stocks are valued low and the economic trend improves, the probability is high that the stock market will develop positively in the long term. If, on the other hand, equities are expensive and economic expectations are worsening, it is time to become more cautious.
That's exactly what's happening today.