From a global perspective, the German stock market is cheap, especially the Dax. The common benchmark is the price-earnings ratio (P/E ratio), i.e. the ratio of the share price to earnings per share. This is currently at 13 for the Dax, but already at 29 for the S&P 500 index of the 500 largest stocks in the USA and even at 50 for Nvidia. So we should sell all of our Nvidia shares and put the money in Dax shares put?
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