>>qp11+(OP)
How does this fit with the observation of the German DAX going from 12,000 (during pandemic even below 9k shortly) to currently 18,000? Can anyone give a good explanation?
>>submet+7d
DAX (as most other indices) just captures the top 40 public companies of an economy. It doesn't tell you much about the thousands of smaller businesses. And small to mid-size companies are a huge part of the German economy.