The nightmare scenario in the Middle East, the banking “love story” and 3 trillion. looking for consignees – Economic Postman – 2024-04-16 14:57:31

The escalation of the war conflict in the Middle East sent an alarm to the Greek market as well.

· Since the announcement of Iran’s attack on Israel with drones and missiles.

· Everyone is waiting to see how the situation will now develop and whether we will be led to a generalized conflict between Tehran and Tel Aviv.

· This is a nightmare scenario, the outcome of which no one can currently predict.

· Everyone hopes that calm voices will prevail and there will be some kind of normalization of the situation.

· After all, the duration of the crises is what determines the intensity of the effects.

· A spike in black gold prices will create a huge problem, which will inevitably hit the… shelf.

· Making it extremely difficult for the government, which is trying to curb the accuracy that has caused strong social dissatisfaction with the ruling party.

————-

Which banks do analysts prefer?

· When foreign analysts start to disagree, keep a small basket, a recognized stockbroker told us years ago and we kept it.

· And we have confirmed it several times since then, not all of them.

· And we continue to point it out.

· As now with Wood for the banks.

· Wood prefers National and Alpha banks.

· It gives target prices of 9.19 and 2.06 euros.

· Its huge difference from the 7.20 and 1.72 euros given for the two respectively by BofA a month ago, which even said in all tones that it does not prefer them.

· BofA actually prefers the other two, Eurobank with a target of 2.45 and Piraeus with a target of 4.65 euros.

· For the record, Wood gives targets of 2.08 and 4.13 respectively for the last two prices.

————–

The “gold bearing” industries for investors

· Despite all the problems, Greece is still high on the agenda of international investors.

· This is reported by sources talking to international funds, which for some years have put the Greek market on their investment map.

· However, four sectors are the ones that magnetize their interest: energy and mainly RES, food, technology and tourism.

· There they consider that there are significant opportunities for high returns, given that they can address the international market and are not limited to the narrow borders of our country.

At the moment, as they say, the same sources have accumulated liquidity that reaches the astronomical amount of 3 trillion. Dollars.

· Which they desperately want to invest.

· The question of course is how much the escalation of the conflict in the Middle East will affect their decisions…

· And if it will force them to “freeze” their impetuosity for a while…