CIO Insights Video: July 2022
In this video series, Philipp Bärtschi, the CIO of Bank J. Safra Sarasin Ltd, covers hot topics in the investment world and discusses risks and opportunities in the financial markets.
While the first half of this year was all about inflation, the second half of the year will be all about recession fears. The tightening of financial conditions, a slowdown in growth and a likely decline in economic activity in the US and in Europe keep us sticking to our defensive positioning, with reduced equity and credit risks. Do we see better prospects for a multi-asset portfolio in the long term?
Watch the latest video by our Chief Investment Officer, Philipp Bärtschi, who shares his insights on why investors may still need strong nerves and a lot of patience to wait for good opportunities in the second half of 2022.
- Rising risks of a recession
- Earnings estimates to fall
- Equities and credit under pressure
- China could surprise positively
- Keep exposure to gold/commodities