On the stock exchange of virus worries, hardly a trace: equity investors, despite the spread of the novel Coronavirus and related Concerns about the economy, the mood so far is not sustainable destruction. The German benchmark index, the Dax holds for weeks at a record level, other barometers such as the Dow-Jones Index in the USA show up. Even the stock exchanges in mainland China are again on the road to recovery, although the Sars-CoV-2 Virus is spreading more and more.

"The Corona epidemic has shaken up the markets in the short term, a mess. Meanwhile, the stock prices recovered considerably“ according to the Commerzbank experts recently. A similar picture was shown in the case of the Sars epidemic. At that time, the stock prices recovered in March 2003, although the number of Sars infections rose until June 2003.

"exchanges of real economic processes decoupled"

For weeks, the number of Coronavirus infections is increasing in China, more and more. Nevertheless, investors seem to have the issue now checked, as well as the gloomy economic prospects. How do I put 20,000 euros? Our PDF guide shows you how to create your capital, despite mini-interest in a profitable way and an expensive Fall deal.To the PDF guide

"The stock exchanges have been decoupled for quite some time from the real economic processes," said the President of the Kiel Institute for the world economy, Gabriel Felbermayr, in an interview with the "Handelsblatt".

China is pumping money writes against the Virus in the market

the resilience of The stock markets can be explained also by the wind from the back of the unchanged loose monetary policy, the DZ Bank. For years, Central banks around the globe, the money cheap, and floods on bond purchases, the markets with liquidity. This boosted the exchanges. Moreover, because the interest rates are in the basement, are lucrative plants rar and investors increasingly share.

In the Euro area is not likely to be the end of the money flood. And the Chinese Central Bank is pumping currently in the fight against the potential economic consequences of the Virus for the second largest economy in the world money in the market. Banks receive fresh Central Bank money at a lower interest rate.

ECB: "Significant in the short term, but no long-term effects,"

In the event of a crisis, could also intervene with other Central banks to support the economy. This view is likely to calm the nerves of investors. The chief economist of the European Central Bank (ECB), Philip Lane said recently that the Central Bank will follow developments "very closely". The experience from past pandemics, such as Sars show that the Corona-crisis can lead to "significant short-term effects but not long-term effects".

Similar turmoil as a result of the financial crisis in 2008/2009 when the stock market collapsed prices and the world economy came to the brink of collapse, don't expect Economists. At that time, the banking and financial systems were affected, all of which are intertwined across countries closely, such as the Commerzbank economists remember: "The time is not the case." The Chinese financial system was taken from the Corona epidemic and not closely related to those of Western countries are intertwined.

"markets remain vulnerable,"

According to the assessment of Landesbank Hessen-Thüringen (Helaba) if investors overestimate the good mood on the stock markets, however: "in the face of a still fragile global industrial economy at a time of high stock valuations, the markets remain vulnerable." Take it away! Say goodbye to four thinking errors to become finally rich FOCUS Online, away with it! Say goodbye to four thinking errors to become finally rich

pom/dpa Date Of Update: 18 February 2020, 08:00