Wise investors will be prepared for the next downturn
The next recession won’t be anything like the 2008/9 financial crisis, so planning ahead is vital to ensure success in any future slump
It may seem a strange time to talk about investing during a recession, given that unemployment rates in much of the developed world at the moment are close to all-time lows, but there are good reasons to think about this topic. After all, forewarned is forearmed.
Interestingly, the last two deep recessions in the West were the result of financial sector imbalances spilling over into other parts of the economy. This was the case with...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
AIB financial targets will be met by closures and 1,500 job cuts
The bank, which is 71 per cent owned by the Irish taxpayer, may also be looking towards acquisitions, one of which is the wealth management company Goodbody stockbrokers which it formerly owned
Brian Keegan: Businesses deserve a reward after such a tough year
It’s clear from the November exchequer returns that Irish firms have been doing the right thing throughout the coronavirus crisis
Credit guarantee: The money’s there, but where is it going?
With very little of the €2 billion credit guarantee cash having found its way to stricken companies, some are speculating that the banks are too busy dealing with underperforming loans to lend cash to firms