It was published on Sun, May 15th.
You can watch it live.
Some companies that did well during the global financial crisis and Covid are named by Jordan Cvetanovski of Pella Funds Management. He told CNBC Pro Talks last week that some sectors are set to benefit from the stock market’s decline. Cvetanovski said that stock exchanges are a category of companies. He said that they own companies that are market makers of exchange traded funds and exchange traded notes. He said that in uncertain times the volume increases as people trade more and the spread increases. The spread is the difference in buying and selling prices. The market collapses during the global financial crisis in 2008 and the coronaviruses epidemic were the best quarters, according to Cvetanovski. Instead of buying put options to protect their assets, investors can consider buying companies that will give them a dividends and do well during volatile periods. He said that the stock price of Flow Traders went up 22% in February of 2020. He said it gained 75% from the start of the crash to July. The ongoing Russia-Ukraine war is one of the supply chain issues that is uncertainty in the market. The market for potash andfertilizer is likely to be tight for a long time, he said. It is very good for a company like Nutrien, which has a low marginal cost of around $60 and is selling it for $800. In times of uncertainty, it comes down to a bit of thinking and a bit of risk. Some predictability of earnings can be seen when you place a few bets in places you think are best. He sold banks and property companies when mortgage defaults rose before the global financial crisis, and then got out of the market when reports of China building field hospitals emerged at the start of the Covid epidemic. Pella Funds Management does not currently own any banking stocks. If interest rates go up, we don’t hold any banks anywhere. The economy is strong enough that interest rates go up. He said we don’t have that now. He said interest rates are rising because of inflation. He said that the banks were not on his radar at the moment due to the debt in the property market in countries such as Australia and the Netherlands.
Some companies that did well during the global financial crisis and Covid are listed by Jordan Cvetanovski of Pella Funds Management.