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Markets and Trends

Helaba’s experts hold a wealth of background knowledge that is invaluable for analysing markets around the world. This knowledge we are happy to share with our customers in the form of daily data and commentaries plus forecasts for interest rates, currencies, sectors and countries/regions.

Chief Economist’s Comment: Peak has been reached, 16.08.2010

The German economy grew in the second quarter by 2.2 % over the previous quarter, or by 9 % using the American, annualized notation. Exports reached record levels, and German businesses are suffering from a shortage of skilled workers. If one combines these two components, this sounds like a boom and rising stock prices. In this environment, how can one explain why stock markets have pulled back noticeably over the last few days?

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Dr. Gertrud R. Traud

Chief Economist/Head of Research
Tel. (+49) 69/91 32-20 24
Fax (+49) 69/91 32-8 20 24
E-Mail: » Research

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