Deutche bank is keeping dax high
Dax is at all time highs, not following the rest of the global market, despite there being lots of economical issues in Germany. Germany is struggeling with inflation, recession, housing market crash and jobless claims. There is a massive shortcovering on DAX, and guess who have been buying dax lately. Deutche Bank have reported record profits on trading on the 26.march. They can see the books and can see who is shorting. Therefore they can buy DAX every day until every shorter is squeezed out. Legal? I don’t know. It is manipulation, but they are physically buying, so it might be legal. I don’t know.
Best regards
CEO J.E.V
