Let's stay calm

Revolutions, civil wars, soaring oil prices, volatile markets... We thought we had left one of the worst stock market decades behind us and everyone predicted that 2011 would be the year of stocks, but no one would have imagined experiencing such a scenario. We will have to wait a little longer before reliving a prosperous period such as the "Thirty Glorious Years". Despite this, If we know how to stay calm, we can see that everything is not so dark..

Indeed, after a fairly hectic week both in terms of currencies and stock markets, we notice that we are almost at the status quo. Apart from a slight strengthening of the single currency, no notable change is to be reported either in our portfolio, nor in terms of performance. Actually, If we had lived for a week on a desert island, without news, we could have believed that nothing happened.. And maybe that's what we need to do in the end... Let's let all these people get agitated and panic, let's watch, let's seize some opportunities if the market really should crash, but above all let's stay calm. Let's remember that our portfolio was designed to withstand these kinds of events and to prevent us from panicking.

We must arm ourselves with patience, not keeping one's eyes fixed on the chaotic evolution of the courses, let Western economies quietly clean up their finances, straighten out their economies and hope for the establishment of democracies worthy of the name in the Middle East. This may take time, of course, but it is the price to pay for sustained and sustainable growth.

Furthermore, the Baby Boomer Generation Leaders Retiring, although it represents a real challenge for companies in terms of succession, can represent a tremendous opportunity to change mentalities. Let us not forget that baby boomers were raised during the "Thirty Glorious Years", that they were the main protagonists of May 68 and that they carried the years of strong growth between 1980 and 2000. Their values are based on success and individual development, sometimes at all costs. The financial scandals of the 2000s prove this, as they came to the head of large companies such as Enron and the financial institutions that caused the subprime crisis. Their retirement can therefore undeniably bring about a fundamental change in the functioning of our economic system.