There are supposed to be people who don't like Valentine's Day.

They're allergic to roses, romantic candlelight dinners and every other form of affection that only happens on February 14th every year because someone - probably a florist - just declared it the day of love.

Valentine's Day 2022 (for all the heartless: that was last Monday) shouldn't have warmed the soul among German investors either.

The Dax and some other important stock market barometers slipped by more than three percent.

For individual stocks, especially financial and industrial stocks, the setback was even more painful.

So some investors may have interrupted the Valentine's date for a few trades on their cell phones.

Tim Kanning

Editor in Business.

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But as is so often the case on the stock market, this short crash also raised the question: get out, get in or just do nothing again?

As in the previous weeks, at least the Dax caught up with the setback quite quickly.

Having finished the previous week at a good 15,400 points, it dropped to 14,800 points at times on Monday, only to climb back up to 15,400 points by Wednesday.

The pattern has repeated itself several times since the fall, which is clear evidence of investor uncertainty.

How soon will the turnaround in interest rates come?

How does inflation affect different companies?

Will there even be a war with Russia in the end?

Concerns are growing, the recovery attempts in the Dax are becoming increasingly smaller.

The 16,290 points that the leading German index once reached in November

How much the wind has turned on the stock market can probably not be seen from any other Dax value as well as from Delivery Hero.

Until recently, the delivery service, which had previously only worked at a loss, was the German course rocket.

But since November, the price has fallen from 128 euros to just under 50 euros.

This is not even because in the waning pandemic people could have less food delivered to their homes.

Investors are more concerned that debt financing will become more expensive as a result of the turnaround in interest rates.

Has the bottom been reached now?

The analysts trust the company with a target price of between 48 and 130 euros.

Here, too, prices are likely to fluctuate violently for the time being.