DAX (German stock index)

The Houston Rockets’ James Harden and rap pioneers Run-DMC are hardcore Adidas men. Many headache sufferers have taken Bayer aspirin or received an MRI from a Siemens scanner. Many people choose T-Mobile for their wireless service and have ridden in Volkswagen cars. All of these products and services are provided by public companies that hail from the land where beer and hot dogs originated: Germany. (Traded publicly on their stock exchange, the DAX.)

Although the NY Stock Exchange, NASDAQ, the London Stock Exchange, and the Tokyo Stock Exchange are probably the winners of The Exchange Popularity Contest held annually, other industrialized nations have stock exchanges as well. Given the import of the Euro in Western Europe, its health is directly proportional to that of its largest economic constituent, i.e. Germany.

The DAX is the German Dow Jones Industrial Average equivalent; that is, the top 30 stocks on the Frankfurt Exchange that best represent the German market and economy. And the exchange has no official relationship with Mr. Shepherd.