In an interview with wO-TV, Henning Gebhardt, Managing Director of Holly Hedge Consult in Frankfurt, talks about the ongoing rally on the markets.
Despite many investors’ hopes for a reprieve, the DAX is currently not far from its record high. Gebhardt, an experienced market expert, expresses concerns about the sustainability of this development.
Since November, the US markets in particular have seen an impressive upward movement, which are now showing signs of overheating after three months of steady growth. The fund manager emphasizes that markets are “definitely overbought” and growth momentum, particularly in Europe, is starting to fade.
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