How do you know when it might be time to diversify your stock portfolio? The top experts, like Brazil wealth manager Igor Cornelsen, look at trends, politics and economic changes. The Italian referendum might be a “red flag,” suggesting that you should diversify into other banking investments, like Brazil.
“Italian Bank Problems”
First Brexit, now Italexit? The European Union continues to struggle with nations wanting to leave. The Italian government gave its citizens a chance to vote on whether they should remove power from their Upper House. The people voted “No.”
Why did the Italian government even want to remove democratic powers from the Upper House? Some banking experts believe that the Italian government has lost control of the country’s banking system. The government might have wanted to rescue Italian banks like Banca Monte de Paschi di Siena. Visit affiliatedork.com about Igor Cornelsen
“Ongoing European Problems”
Back in 2008, experts identified the PIIGS as having serious economic difficulties in the European Union. At the beginning of 2017, none of these problems have been resolved. Some wonder if there will be a “domino effect,” ruining the entire continent.
This might be why the Brits voted for Brexit. They read the “writing on the wall” and wanted to get off the “sinking ship.” Why invest in troubled European banks when you can invest in healthy Brazilian banks?
“Brazil Banking Expertise”
Brazil banks include both private and public entities. Brazil banking expert Igor Cornelsen has worked in the industry, so he can help you understand the strengths and weaknesses of each firm. Brazil banks have actually outperformed American banks for a number of years in terms of return on investment (ROI).
It does not take 8 years to fix banking problems. In fact, all of these European governments have plenty of authority to fix the banks, if they so desired. But, maybe Europe can’t fix its problems?
Brazil is a growing nation. The banks are solid, healthy and delivering handsome profits. Take note of the “red flags” from Brexit and Italy, the European banks are in trouble. Wealth manager Igor Cornelsen can help you diversify to Brazil. More info here:https://about.me/igorcornelsen1