Hey guys,
first post on here. names joe.
ive been watching Dax/Ftse for a couple of months and it has gone from 1400ish to 50ish in less than 50 days as germany bears the brunt of the euro disaster.
It seems by the end of the week we will see the FTSE bigger than the DAX for (i beleive) the first time in History.
I beleive this diff to be undervalued but as a student of finance i ask your opinion.
i believe this for the following reasons.
1- although the companies that make up the DAX include Deutsche, the exposure to financials is not immense.
2- the UKs little stagflating ecnomy surely cant compare fundamentally to the industrial power that is germany. (im british so i can say this
)
3- even though we could be headed for a double dip, the Dax has priced in reccession much more than the FTSE has to date.
4. the worlds confidence in germany long term is surely shown by their comparitively strong faith in its 10yr.
please do excuse any obvious ignorance and show me up-
cheers-
Joe
_________________________________
knowledge is the only thing that will always be valuable
first post on here. names joe.
ive been watching Dax/Ftse for a couple of months and it has gone from 1400ish to 50ish in less than 50 days as germany bears the brunt of the euro disaster.
It seems by the end of the week we will see the FTSE bigger than the DAX for (i beleive) the first time in History.
I beleive this diff to be undervalued but as a student of finance i ask your opinion.
i believe this for the following reasons.
1- although the companies that make up the DAX include Deutsche, the exposure to financials is not immense.
2- the UKs little stagflating ecnomy surely cant compare fundamentally to the industrial power that is germany. (im british so i can say this
) 3- even though we could be headed for a double dip, the Dax has priced in reccession much more than the FTSE has to date.
4. the worlds confidence in germany long term is surely shown by their comparitively strong faith in its 10yr.
please do excuse any obvious ignorance and show me up-
cheers-
Joe
_________________________________
knowledge is the only thing that will always be valuable
