Economic growth: Investments in equities are still worthwhile

An interview with Michael Strobaek: We have one of the deepest recessions in history behind us.

Following the severe recession early this year, the economy continues to grow. However, it will take time for things to return to normal, and investors need to weigh the risks carefully. Nevertheless, they don't need to worry and can profit from the stock rally even after the rebound.

Economy continues to expand

COVID-19 has taken a heavy toll on the world in 2020 thus far. "Viewed historically, the first half of the year was one of the most difficult times we have ever experienced," says Michael Strobaek, Global Chief Investment Officer at Credit Suisse, in an interview. Meanwhile, the economic situation has become more settled and ought to remain that way.

Michael Strobaek is confident that we are about to enter a phase of strong economic recovery because the catalyst for the deep recession was the business closures during the lockdowns around the world, which have now been lifted in many countries. However, not every market is going to benefit equally. Watch the video to see which ones will be flying high and what the situation could look like come this fall.

Interview with Michael Strobaek, Global Chief Investment Officer at Credit Suisse

In this interview, Michael Strobaek talks about the market recovery after the crisis and explains what investors need to keep in mind.

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Investing provides opportunities

While the Credit Suisse Investment Committee was overweighted in equities at the beginning of the year and at the start of the COVID-19 pandemic, it has reaffirmed the downgrade to a neutral position that it agreed on in late June. This allowed it to take and secure the profits made since late March. Nevertheless, the stock markets still offer upside potential. "We continue to view equities as attractive," states Michael Strobaek in an interview. Watch the video to learn what that means in particular for investors who missed the strong rebound rally.

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