DAX companies receive billions in subsidies from government agencies. It is questionable whether this public money generates added value for society. The data suggests that government money is replacing private investment.

The accounting treatment of takeover premiums (goodwill) has long been controversial. A reform is now pending, the suitability of which is questionable.

Banks are sending out crisis signals. The reason is the commercial real estate sector, which has come under pressure. It is hardly surprising that problems are emerging here. But how big they are.

The search for quality on the stock market is a challenge. Can characteristics be found, at least in retrospect?