ความยืดหยุ่นของ DAX เทียบกับวาทศิลป์ของ ECB

Or maybe investors are just looking for relative value. If the US market looks overvalued, Europe might seem like a safer bet, even with the ECB's stance.

I'm still cautious. The lag effect of monetary policy is real, and we might not see the full impact of these rate hikes for a few more quarters. This resilience could be fleeting.

I'd lean towards the market having priced in the worst already. Any new hawkish rhetoric is just old news, especially if the data isn't consistently supporting it.

Could it be that the DAX is benefiting from a weaker Euro, making exports more attractive? That might be counteracting some of the ECB's pressure.