Last week, the stock market rally continued, not missing records again with Dow Jones, S&P 500, and Hang Seng did 14 positive trading sessions one after the other. This good performance was subverted by good macro data from the global economy or corporate reports.
GDP growth in Germany on an annual basis is 2.2%, with exports increasing by 6.4% and private investments by 3.5%. The surplus, which formed the German economy for another year, is 38.4 billion, which is equal to 1.2% of the value of GDP. Expectations for the presentation of Germany’s economy in 2018 are more than excellent, and most likely the export country will benefit best from global recovery.
In the US began the season of the reports, and in the past week these were presented by Wells Fargo and JP Morgan, who surprised pleasantly investors. Jamie Damien, JP Morgan’s head, commented extremely flatteringly on President Trump’s tax reform, which he said would put the US economy in a pretty good position.
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