德意志银行策略师在一份报告中表示，尽管德国经济仍面临压力，但德国DAX指数继续强劲上涨，这种差异是由于其受到全球趋势、行业构成和个股贡献的影响。

　　德国蓝筹股指数在过去三个交易日收于历史新高，2024年上涨了19%。自2023年以来，该指数上涨了50%，但德国的GDP增长在过去两年中每年都略有下降。

　　德意志银行表示，德国GDP并不能很好地反映DAX指数的表现，因为该指数与全球经济增长的相关性高于与国内经济表现的相关性。策略师表示，DAX指数成分股公司约80%的收入来自国外，而德国的GDP在很大程度上取决于国内需求。

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