A bear statue faces a bull statue outside the Frankfurt Stock Exchange. (Photographer: Peter Juelich/Bloomberg)
Matters didn’t look too rosy as we finished the trading week ending June 18. But after a shaky start on Monday, the bulls were ready to battle. First, they held off the sharply lower open on Monday and then pushed the prices back. After that, they managed to contain two days of declines and created yet another higher bottom in the process. For the last two sessions, they were in better condition with a steady push higher. In the mean...