Newsletter #21: Consolidation after the rally – are we facing a short-term setback?

Welcome to the twenty-first edition of this newsletter, dear readers! The American markets have tended to consolidate over the course of the week and may have reached a short-term peak. We are currently seeing a "round" trend in the indices, which could indicate a short-term setback. We explain the fundamental situation below. Enjoy reading! Weekly performance As already indicated, the indices closed somewhat lower in the past trading week. We held steady at around 5,850 to 5,950 for a relatively long time until we fell sharply following the announcement of tariffs against Europe. This could continue in the coming week until we reach...