Snapshot: Unsung Deutsche Post DHL – The Loadstar

First reaction to Deutsche Post DHL numbers out today should likely be the one shared by Mr Market – stock up 1% to €41.2 at last look in mixed European trade, worst case for guidance avoided, its defensive characteristics* confirming what we witnessed after Fed Chair Jerome Powell did the talk. The Germans did it, let’s move on. Where to, though**? (*After a steep rally from our ‘Falling catching knives‘ on …

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