Buy bank shares or bitcoin? Experts advise

by time news

2023-04-24 11:35:35

The banking system in both the United States and Europe is experiencing upheaval. When the legendary American investor Warren Buffett spoke a few days ago about his hypothesis that more banks are likely to fail in the US in the near future, he did not attract attention.

As well as when the chief economist of the International Monetary Fund, Pierre-Olivier Gourinchas, told the economic portal of the American television CNBC that the rise in interest rates makes banks more vulnerable and their reaction poses a significant risk to global economic growth this year.

The current situation also opens up other questions for potential investors who are looking for options on the financial market, how and where it is worthwhile to invest in this uncertain time. The fact is that if they change their investment strategy too often in an effort to achieve the best possible results, they are causing damage to their financial portfolio.

TREND asked practitioners a question: Where do you see opportunities for potential investments or possible risks? We bring their answers.

Vincent Mortier, head of investments of the French group Amundi

Overall, we confirm a cautious stance, as cracks may begin to appear in the inverse yield curve. Our approach remains cautious on high-yield, regionally diversified equities and credit, including exposure to Chinese equities, which appear more isolated from the epicenter of the recent turmoil.


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