Germany officially enters a "crisis jurisdiction" status. Why is the German stock market still maintaining a "strong advance"?
The German Bundestag discussed and voted on the afternoon of the 16th, and the current Chancellor Olaf Scholz failed to gain majority support, leading to the German elections being advanced to February 23, 2025, officially entering a "crisis jurisdiction" state. Despite the economic recession, the German stock market has performed strongly, rising over 20% this year
On the afternoon of the 16th local time in Germany, the German Bundestag discussed and voted on a motion of confidence for Chancellor Olaf Scholz. The result showed that the current Chancellor Scholz failed to gain the support of more than half of the members of the Bundestag, which means that the German election will be held early on February 23, 2025.
Thus, Germany has officially entered a "crisis jurisdiction" state.
Why has Germany come to this point?
This is largely related to the substantial recession that Germany is already experiencing.
At the same time, why is the German stock market performing so strongly despite the economic recession? (The German stock market has risen more than 20% this year.)