ESTV 210 – The dangerous balancing act of the central banks
What to do now with the Russian ADR?
Investors in Russia have been left behind so far because of the war and the nonsensical sanctions. Eastern European funds and ETFs with Russian shares have been suspended from trading since March 2022. Russian ADR programmes, i.e. certificates of deposit with US custodians, have been terminated. But even those who have managed to convert Russian ADRs into original shares cannot do anything with them at the moment, as foreigners are not allowed to trade on the Moscow Stock Exchange. The currently idle value of Russian ADR is over 100 billion euros, and it is a scandal that investors are not being compensated and the government is doing nothing to bring about compensation.
ESTV 209 – What to do now with the Russian ADR, Part 3
“The Ukrainian Stock Market Is Promising in the Long Term!” | Capital-Manager Financial Regulars’ Table
ESTV 208 – Is a real estate crisis coming after the banking crisis?
Is a real estate crisis coming after the banking crisis?
At the well-attended “Invest” trade fair on 17/18 March in Stuttgart, where I also gave two presentations for Freedom Broker on the topic “G7 versus BRICS – where to invest?”, the banking crisis triggered by the bankruptcy of Silicon Valley Bank (SVB) and the collapse of Credit Suisse was the dominant topic. Now the question is whether the banking crisis could turn into a global real estate crisis. Not a few felt reminded of the real estate and banking crisis in 2008/9 when the 5th largest US investment bank Lehman Brothers went bust. Due to the well-known domino effects, a banking crisis can even grow into a global systemic crisis, which was only prevented back then in 2009 by the state and the central banks. The big question now is how far the central banks can raise interest rates to fight inflation without causing a real estate crisis or recession.
EXCLUSIVE Thomas Mayer, Ex-Chief Economist of Deutsche Bank | Capital-Manager. com Finance Regulars’ Table
Don’t miss the perfect moment!
At the G20 Foreign Ministers’ Summit in New Delhi on 1-2 March, the opportunity to approach each other and jointly initiate peace talks in Ukraine was missed again. China’s peace initiative is obviously falling on deaf ears in the West. While the BRICS countries plead for a resumption of dialogue and diplomatic negotiations, the G7 obviously prefer to let the weapons speak and teach Putin a lesson. In the process, a stalemate and a war of attrition are now emerging in Ukraine. In the Battle of Bachmut alone, hundreds of people are now dying every day. Is this really necessary?