One-in-10 chance of nuclear apocalypse ‘but keep buying shares’, says investment firm

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

'From a purely financial perspective, you should largely ignore existential risk.”

Peter Berezin, chief global strategist at BCA, wrote: “Despite the risk of nuclear war, it makes sense to stay constructive on stocks over the next 12 months.

He concluded: “The risk of Armageddon has risen dramatically. Stay bullish on stocks over a 12-month horizon.” Mr Berezin said: “If Putin concludes that he has no future, the risk is that he will decide that no one else should have a future either.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines