a case of hang on to your hats again. well asia struggle to mount a recovery today but there was a strong rebound in european markets let s bring in ali bots he s been tracking the dax the main index of german companies in frankfurt and it s one of today s best performers only the germans know something the rest of the world doesn t. i don t know if they do but i think i think they suspect that probably the losses incurred here in the german market compared to the losses elsewhere were a little bit unfair perhaps were a little bit exaggerated when you consider the state the economy is in here in germany compared to other markets and countries that were affected by this turmoil last week and when you look at the stock market valuations which for most of the major german shares are still quite reasonable i mean they re high but they re not really overly high and i think that goes for the present situation as well but