in the US stock markets also recovered and were on Friday’s closing price has risen by more than 9 per cent. For that kind of a run, in general, the european stock markets open up but Hussain Bornold, sparekonom at Söderberg & Partners, says that this is not something that is going to be expected to face on Monday.
“ Sorry, I don’t think the rise is going to be a knock-on effect on the stockholm stock exchange. One reason for this is that there has been so much over the weekend, compounded the situation. In particular, the extended measures, in Europe and in the united states, both from government and from the companies that are now scaling back on their operations, “ says Joakim Bornold.
in Nairobi, the track also this weekend’s events, including closed borders in a number of european countries, and the foreign office’s advice against travel to all of the travel, can have a significant impact on the stock market’s movements in the country.
“ There is a great deal of that going on all the time, with a great deal of uncertainty and a huge movement as a result. We have never in modern times been involved with countries to close their borders, and don’t know what it is. It is just interesting to talk about how the stock market will be open, it might as well be swing it for an hour, “ says Leigh Bratt.
Leigh Bratt, sparekonom in Nairobi. Photo credit: Picture
The sparekonomer that DN talked to agree that the high level of volatility, the tendency for large fluctuations, will continue for the next few days. Savers need to be targeted and prepared for, it is going to be a continuation of the decline, the mean of both the Yogi Bornold and Leigh Bratt.
And that have the potential to become violent.
“ That privatsparare, you have to be prepared for the fact that it can go down much further than it has done up to now. It is not wrong to act as if you have reached the limit of pain, „says Joakim Bornold, and continued:
“ of course, It is important to have as much shares as possible, and when the twist comes, however, it must be borne in mind that it may take a long time. It could be a lot worse. The stock market can go down 20 or 30 percent from here on, this will be the long-term.
Scrooge’s Bornold, sparekonom at Söderberg & Partners. Photo: Thomas Karlsson
as a society might face a financial crisis.
“ It’s starting to get a indulge in the credit markets which could affect many businesses. The banking system in Italy was fragile even before the coronavirus, however, is what might the effects be? You don’t know what to expect. There is a financial turmoil, if you ask me. And the crews need to be prepared to the fact that this is not the bottom, “ says Leigh Bratt.
She will recommend privatsparare to continue to be able to keep a cool head, with the long-term savings. For example, it has a long way to go until retirement.
“ If it will save in the long run, I think it’s best not to paniksälja, but to continue to månadsspara. This is despite the fact that it can be incredibly hard to do that when you log in and see their savings being eroded right now, “ she said.
However, if you still have the short-term savings in the stock market, that is to say, the money you’ll have in a few years, then I think it will take to remove them.
Johanna, Clutch, sparekonom of the Avanza. Photo credit: Avanza
on the Avanza, is the one who saves you in the long term, not to act in panic.
“ What we saw last week, the extreme movements in share prices. To choose the right, it is in principle impossible. There is a risk of time lost. With that said, we expect that it’s going to be months and months of a very volatile stock market, and that it may continue to drop significantly, “ says Johanna, Born.
For those who have spread the risk and are saving for the long term can be a word of advice to is to not login and check their resources, “ she says.
“ There is no one size fits all approach. It is clear that they are not going to run the strutsmetoden, and burying your head in the sand. However, in some cases, it may be better not to log in, but to let time take its course.
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