01.01.2012 0

Business Advertorial: RFP Director Yves Derrien talks 2012

Investing in the future

As readers from Riviera Times know, RFP is a very transparent financial adviser and all comments on financial markets and articles can be checked during the months after they're published on our web site. We concluded our article in The Rivera Times January 2011 as follows: "Consequently, we remain very careful and we prefer to wait before investing again on stock markets". In our monthly market analysis report from March 2011, when Eurostoxx 50 was reaching 2,949 and gold 1,429 USD per once, we were advising to sell stocks and buy gold. They respectively reached 2,219 and 1,586 (peaked at 1,826 beginning of September). Future developments showed our forecasts were right.

yves derrien
RFP Director: Yves Derrien

How do you consider the economic outlooks today?

As the world economy is slowing down, all eyes are on the Eurozone leaders, who are trying to solve the debt crisis in order to preserve the integrity of the monetary union. They try to make reforms on the European level as well as on the national scale, like Greece and Italy, in order to reduce the budget deficit.

However, as tax rates are raised and expenses cut, growth should fall rapidly in the European Union in 2012.
Actually, many economies are currently already stagnating and it could become even worse. Even the emerging countries, which still rely a lot on foreign markets to grow, experience stagnation or at least a lower growth rate. The perspectives are also not very good in the United States, where the housing market is still depressed and consumer confidence is at recession levels. In this context, we prefer to stay out of the stocks and sovereign bonds markets.

Next month, we will detail our favourite investment vehicles in order to maximise security and return on that basis.

 

Independent Financial Advisor and Mortgage Broker

Tel: +33 (0)4 93 00 11 26

info@rfp.fr / www.rfp.fr

 

Share |

Go back

Comments

Add a comment