The concept of this study is to show why DAX has more chances to outperform S&P500 next year. The focus is on the relative correlation of the sharp declines on EURUSD and how those have affected the performance of DAX and S&P500 in the past 15 years.
We have singled out 6 different time periods of sharp decline on EURUSD:
January 2005 - November 2005, July 2008...
