Already 18% increase for the CAC 40 since the start of the year, a little more than 13% for the Dax of the Frankfurt Stock Exchange or the Madrid Ibex, 16% for Amsterdam and nearly 33% for the index Lighthouse of the Milan Stock Exchange.
The Eurostoxx50 index, which includes European large caps, has risen by nearly 16% since the start of the year.
Opposite, Wall Street is almost pale: the Nasdaq 100, rich in technology stocks, gained a little more than 8% over the same period ...
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Technological stocks, which had been the big winners of the health crisis, are now lagging behind.
“During the pandemic and the recession that followed, investors took refuge in these growth havens,”
explains Jean-Jacques Friedman, director of investments at Natixis WM.
They had gradually taken the place in the portfolios of bonds which no longer brought in anything.
At the height of the health crisis, nearly half of the world's population was
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