Elaia Weekly View
🌿 Elaia Weekly View – Week 6 / 2026
Germany Is Back: Europe’s Next Equity Powerhouse
After years of stagnation, Germany is quietly staging a comeback — and the market is starting to notice.
A historic fiscal pivot is underway, with €500bn in infrastructure spending and uncapped defense budgets reshaping the country’s growth outlook for the next decade.
This is not a cyclical rebound. It’s a structural regime change: domestic demand replaces export dependency, industrial earnings regain visibility, and valuations remain attractive relative to European peers.
In this week’s analysis, we break down why Germany could outperform European equities over the next 18–24 months, which sectors stand to benefit the most, and why the DAX may be entering a new long-term leadership phase.