Catastrophic times are not infrequently the birth of bull markets

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Catastrophic times are not infrequently the birth of bull markets

Catastrophic times are not infrequently the birth of bull markets

The surplus corresponds to 2.7 percent of the gross domestic product (GDP). "The budgets of the federal, state, municipal and social security funds were thus able to continue to benefit in particular from the favorable employment trend"explained the statisticians.

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Due to the good economy, the state has been in the black since 2014. Not least because of the record employment and higher wages, tax and premium income is rising, while low interest rates relieve the burden on the expenditure side. In the second quarter, however, GDP shrank by 0.1 percent. If it goes down in the current summer quarter, Germany will find itself in a recession for the first time in years.

Sources used: dpa news agency

Catastrophic times are not infrequently the birth of bull markets. Then when the party seems at its best, they collapse. The current upswing on the stock market has been going on for a very long time – over 3,450 days to be precise. Should Investors Be Careful?

On Wednesday, August 22nd, 2018, the time had come. The soaring of the S&P 500 reached the record time of 3,453 days. Since March 9, 2009 things have been improving without any major setbacks. We are now in the longest upswing that the US stock market has seen so far, reports the "Wall Street Journal". Since then, the broad blue-chip index has more than quadrupled its price. 

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 The previous record goes back to the period between October 1990 and March 2000. At that time, the so-called bull market lasted 3,452 days. The bursting of the technology bubble put an abrupt end to the bull market at the time. Almost a decade later – at the height of the financial crisis – Wall Street began to soar again. Who at the lowest point at 666 points in the S&P 500 has invested, can look forward to a plus of 320 percent with over 2,862 meters.

Bull market: The so-called bull market – also called bull market – describes a phase of upswing on the stock markets. There can be small setbacks, but these should not be twenty percent or more. The opposite is the bear market or the bear market.

It didn’t always go uphill. Investors had to cope with two major setbacks, emphasizes Ken Brown from "WSJ". First, in August 2011, when the US’s credit rating was lowered, and second, from mid-2015 to early 2016, in the wake of the Chinese yuan’s devaluation.

Has the bull market come to an end?

It can’t always go uphill. The question remains: is the bull market heading towards its furious end?doing community service essay One thing is certain: geopolitical tensions are burdening the markets. The strong US dollar, the currency crisis in Turkey and the ongoing trade dispute, especially with China, are depressing sentiment on Wall Street. In addition, there are high fluctuations in the equity markets of the emerging countries – not least due to rising US interest rates and a strengthening US dollar. 

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 But positive economic data and the good situation on the US labor market hold back. Unemployment is record-breaking low and inflation is higher than it has been in a long time. US President Donald Trump did the rest by lowering corporate taxes. Money that companies used either to create new jobs or to maintain prices by buying back shares. Last but not least, the big players in the technology industry by and large continue to enjoy the trust of investors. The only question is whether they will justify the large amount of money they are pumping into them in the long term or whether the recent setbacks of some tech companies – such as Facebook and Twitter – are already casting the shadow of the end of the bull market.

Experts disagree. And the current bull market has yet to crack one mark: During the last upswing until March 2000, the S&P 500 a full 417 percent. So there is still room for improvement.

Sources used: Wall Street JournaldpaReuters further sources show less sources

According to a report, SPD politician Olaf Scholz wants to run for the Bundestag next year – not in Hamburg, but in Potsdam. The competition is great. 

The Federal Minister of Finance is to be presented this Friday as a candidate for constituency 61 (Potsdam), like the newspaper "world" reported from his environment. Scholz, who was the first mayor of Hamburg until March 2018, got involved "with a heavy heart" decided against a candidacy in the Hanseatic city, it said.

In Potsdam, Scholz will fight for the direct mandate against, among others, Green leader Annalena Baerbock and FDP general secretary Linda Teuteberg. In the 2017 federal election, SPD candidate Manja Schüle (26.1 percent of the first votes) won constituency 61 just ahead of her CDU rival Saskia Ludwig (24.9 percent).

Scholz still lives in Hamburg to this day 

Schüle has been Minister of Science in Brandenburg since last year and is not running again for the Bundestag.

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Scholz has been Federal Minister of Finance and Vice Chancellor since March 2018. Before that he was the first mayor of Hamburg, where he still lives today. The 61-year-old is considered the favorite for the SPD’s candidacy for chancellor.

Sources used: AFP news agency 

Berlin (dpa) – Green leader Annalena Baerbock has a view of new right-wing extremist suspected cases in security authorities "systematic processing" required.

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"Almost every week there is now bad news from state institutions that are supposed to guarantee our security. Recently with the Berlin police or with the NRW protection of the constitution"said Baerbock to him "Daily mirror". First of all it must be recognized "that there is a fat problem in the security agencies".

"Studies should analyze the structures in a differentiated manner – for the police, but also, for example, for the protection of the constitution." This is not only important for those affected by racism, but especially for the many police officers and constitutional protection officers who stand up for the rule of law every day with full conviction. Baerbock also demanded that it should "really independent police officers" who can be contacted in the event of police misconduct. In addition, victim counseling must be expanded significantly.

On Thursday it was confirmed that three officers of an observation group of the NRW constitutional protection are suspected of having content "Islamic and xenophobic connotation" to have exchanged in a chat group and in social networks. In addition, the Berlin police, according to a report by ARD magazine "monitor", according to which there were alleged racist remarks in a chat group in the ranks of the authority, initiated criminal proceedings.

Berlin (dpa) – Among the Greens, the party’s youngsters are pushing into parliament – with the aim of increasingly shaping politics themselves.

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"Many good people from the Green Youth are running on lists for the federal election"said the spokeswoman for the Green Youth, Anna Peters. "We claim to take our future into our own hands." Several members of the young climate movement Fridays for Future have announced that they will run for the Greens. "There will be more applicants from other movements"announced Peters. Support for this comes from party leader Annalena Baerbock.

The goal is that it will be in the coming year before the federal election in autumn "it’s not just about who heads the next GroKo"said Peters. "We want the pressure for social change to be carried from the streets into parliament."

Peters sees it as an important signal that not all climate activists feel at home with the Greens. "Lists like Radikal Klima show that many people want more radical climate protection in parliament"she explained. "Given the dramatic situation, that is very understandable. The Greens are well advised to take this very seriously."

The youngsters think little of a black-green coalition, for which Baden-Württemberg’s Green Prime Minister Winfried Kretschmann is speaking out: "As the Green Youth, we want to fight for a change of policy and progressive majorities in the coming year, and we want to campaign for this in the mother party as well"said Peters. A progressive majority usually means a left alliance of the Greens, the SPD and the Left. "Neither the candidacy of Olaf Scholz for chancellor nor the candidates for the candidacy of the Union parties for chancellor are credible in terms of climate protection", added her.

The Green Youth feels supported by the party leaders Annalena Baerbock and Robert Habeck: "There are of course differences here and there"said Peters. "But at least most of the time we feel that our concerns are taken seriously and supported by the party leadership."

Baerbock, meanwhile, rejected Kretschmann’s latest statements on the prospects for the Greens in the 2021 federal election. "It’s not about daydreams, but about democratic alternatives", she told the editorial network Germany (RND). "That is the whole point of democracy." Kretschmann had it "time" said: "I hope that there will be a black-green coalition after the general election next year."

Baerbock added: "Nobody has a subscription to the Chancellery. As a party, we have clear political goals and the will to achieve them. And I am not very inclined to have anyone pricing us in as junior partners, not even the Union."

Baerbock welcomed the announced Bundestag candidacy by Fridays for Future activists for the Greens. "It’s great that young people get involved politically." It is also part of the alliance’s green DNA to have people on the lists who have come from movements. She named Attac and human rights organizations as examples.

Berlin (dpa) – Green leader Annalena Baerbock has proposed a contingent solution to accept migrants from the Turkish-Greek border, in which Germany should also participate.

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The EU is obliged to support Greece in coping with the situation with all means – financially, personally, with aid supplies and material, Baerbock demanded in the "world". "We can’t go on pretending it’s none of our business."