The collapse of stock markets has something to cool savers. Within a few months, they saw their wallet visibly lose weight. The war in Ukraine, the increase in interest rates, the recovery of inflation have thrown all indices into bright red. YTD for CAC 40: -13%, for Nasdaq: 31%, for Dax: -17%. .
This correction, after the euphoric 2021 (+28% for CAC 40) was expected. But he was cruel. As a result, the number of active stockbrokers fell in the third quarter (-35% over three months) to 600,000, according to the Financial Markets Authority (AMF). This is the lowest level observed in at least three years. Savers who came to the stock market thanks to Covid – there were 1 million neo-bursicoters between 2019 and 2021 – for some it was the first crash. It is enough to lose appetite for risk.
However, the current price level could be a good entry point to buy low…
Source: Le Figaro
