14:22 18 November 2024
Squaber CEO: WSE has a liquidity problem and lacks stability
Poland's stock exchange faces liquidity issues and unstable conditions, deterring large investors, according to Squaber CEO Marcin Tuszkiewicz. He highlights that foreign investors often treat Warsaw's stock market as speculative, withdrawing funds when currency or stock prices shift unfavorably. Legislative instability also undermines confidence. Tuszkiewicz suggests focusing on well-performing individual companies rather than broad indices like WIG20.
In the U.S., Tuszkiewicz predicts a market correction in mid-2025 after a potential growth phase. Upcoming governance reforms, possibly affecting employment and market stability, add uncertainty. He notes the U.S.'s technological and AI advancements outpacing Europe.
Regarding Poland, high national debt and borrowing needs, partly due to lower tax revenues, pose challenges. Tuszkiewicz hopes Poland's central bank prioritizes economic stability over politics.
