Uncertainty influences the decisions of stock exchange investors
22:13
According to Cezary Chybowski, author of the book Game on the stock exchange, CEO of Reliance Polska, you can earn money in all conditions, you just need to choose assets well, which should attract money under given conditions, and thus gain in value.
"The uncertainty in the markets may persist for some time. It results from several factors, mainly the likelihood of armed conflicts, the fact that the rulers are communicating a new wave of the pandemic to us now and then, but also the increase in the prices of raw materials and building materials, and exchange rate," Cezary Chybowski said.
Since the beginning of 2022, the American S&P 500 index has lost more than 7.5 percent, the technological Nasdaq has fallen by over 11 percent, and the European Euro Stoxx 600 has dropped by 5.5 percent. The Warsaw indices were also on the downside: WIG20 and WIG are about 4.5 percent lower than at the beginning of the year.
According to Chybowski, however, the tragedy of one is a chance for the other and it may turn out that there are companies on the Polish stock exchange that will earn very well on this type of military action or that will behave well in a crisis. Gold is also doing well.
"The second class of assets is real estate, while land properties always perform best in a crisis, that is simply land," Chybowski added.
(Newseria)