The Israeli-Palestinian conflict continues to condition oil prices, unlike other types of assets, which returned to normal a few days later. Intervention by other powers in the area is one of the main dangers, although this possibility is not in MGP's base scenario.
The conflict is having a limited impact on the markets and, for the time being, there are no reasons to justify a change in portfolios. Nevertheless, experts point out that investors must remain vigilant.
The Israeli-Palestinian conflict has brought with it increased risk aversion and a rise in commodities, as well as greater volatility. Alberto Matellán, chief economist at MAPFRE Inversión, says these tensions will put upward pressure on prices.
The success of an investment is delimited by the duration, the IRR and the credit rating, and although money market funds have better results in these variables, bonds have been the favorite assets of Spaniards in 2023.
Fixed-income markets have been the focus of investors' attention this week, given the sharp rises in sovereign debt yields. However, Alberto Matellán, chief economist at MAPFRE Inversión, insists that debt returns ranges are consistent with economic reality.
The real estate sector is not exactly going through its best moment. "There is still to come a part of the impact of the rates and there may be more falls," recalls Alberto Matellán, chief economist of MAPFRE Inversión, although he believes that the worst is over.
Last Wednesday, the Fed decided to keep rates unchanged, maintaining the range at 5.25% -5.50%, in line with expectations, while also not presenting any new developments for reducing its holdings.
The expert considers, in an interview with El Economista, that there are times when there are tremendous differences between what the market says a company is worth and what it is really worth, and there are also many reactions that do not make economic sense.
The market for shares in publicly traded football clubs is perhaps one of the most inefficient in the world right now and perhaps the only one where "value investors" and "trophy hunters" coexist. Luis García, manager of the MAPFRE AM Behavioral Fund, tells where the opportunities are and which clubs are underpriced.