Commentary by CEO Markus Wintsch - swisspartners – The art of finance
In light of the current situation: commentary by CEO Markus Wintsch
Barely an hour goes by without new information from across the world on the coronavirus outbreak. Events are coming thick and fast and at the present time we all feel torn between pessimistic forecasts from the business world and optimism that the situation could settle down soon.
The rapid pace of globalisation that we have all experienced in recent years – with all the benefits and conveniences this brings with it – is now under close scrutiny as a result of the coronavirus crisis. Over the past 25 years at swisspartners I have experienced five critical periods. The conclusions I would draw from these experiences are as follows: the stock markets will settle down this time too, and panicking about further losses will, before long, give way to optimism and buying appetite.
All the measures taken across the world give us justified cause for hope that the spread of the virus can soon be contained. At the same time we are conscious of the fact that it will take considerably longer for this tense situation to be overcome completely.
We are confident that we will return to normality in the near future and be able to resume our everyday personal and professional lives.
But right now in this challenging period for the financial markets, we want to be there for our clients in person. More than ever before, we are a big family.
In this spirit, I sincerely hope you all stay healthy!
In light of the current situation: commentary by CEO Markus Wintsch
Barely an hour goes by without new information from across the world on the coronavirus outbreak. Events are coming thick and fast and at the present time we all feel torn between pessimistic forecasts from the business world and optimism that the situation could settle down soon.
The rapid pace of globalisation that we have all experienced in recent years – with all the benefits and conveniences this brings with it – is now under close scrutiny as a result of the coronavirus crisis. Over the past 25 years at swisspartners I have experienced five critical periods. The conclusions I would draw from these experiences are as follows: the stock markets will settle down this time too, and panicking about further losses will, before long, give way to optimism and buying appetite.
All the measures taken across the world give us justified cause for hope that the spread of the virus can soon be contained. At the same time we are conscious of the fact that it will take considerably longer for this tense situation to be overcome completely.
We are confident that we will return to normality in the near future and be able to resume our everyday personal and professional lives.
But right now in this challenging period for the financial markets, we want to be there for our clients in person. More than ever before, we are a big family.
In this spirit, I sincerely hope you all stay healthy!
Best regards,
Markus Wintsch
Markus Wintsch
CEO, Partner
markus.wintsch@swisspartners.com