In 2020, the capital markets were mainly influenced by the omnipresent corona pandemic.
With the appearance of larger infection clusters in Europe, the DAX fell from almost 14,000 to below 9,000 points within a few weeks in March 2020.
But just a short time later the index recovered steadily and even reached a new record high at the end of the year.
This positive development in the capital markets was mainly driven by the lavish corona aid programs around the world, the offensive monetary policy of the European central banks and the trade agreement concluded at the last minute between the EU and UK
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