"How can investors generate sustained positive returns against this type of turbulence?" The answer is many can't, at least in the traditional areas of money management. We're increasingly looking to the alternative area as a result." This article talks about how investors are increasing speculation every year and have withdrew almost $15 billion from the banking sector in the last year. The article expresses its concerns that which such figures and an expected increase in withdrawals in the coming years, the focus is shifting from the banking to other areas to generate revenues specially the tech industry.
Link: http://www.businessinsider.com/blackstone-market-is-fragile-2016-4
I am not surprised that investors have been pulling their money out of the banking sector with everything that has been going on in the economy. As a country, we are going to need consumer confidence to rise when it comes to investing. However, as mentioned, the tech industry looks like it is heating up. I hope that the storm calms in the market so investors will begin to invest again.
ReplyDeleteHow would withdrawal from the financial market imply more investment in tech industries?
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