A member of the supervisory board at the Association of Financial Analysts and Risk Managers, Alexander Razuvaev has warned that a significant financial upheaval is approaching. In conversations with media outlets, the economist outlined strategies aimed at safeguarding assets during turbulent times.
He warned that a major crisis could unfold, suggesting that Italy or Spain might exit the euro area. These developments, he noted, would be early signs of broader instability with global implications.
Razuvaev challenged the conventional 60/40 investment rule, arguing that it makes little sense in a crisis. He advised shifting the anti-crisis portfolio toward hard assets, proposing that roughly three quarters be allocated to gold, silver, and digital assets like bitcoin, with the remaining quarter invested in equities tied to the energy sector.
Meanwhile, the Russian economy could post growth by year-end as the adaptation process reaches its culmination. Officials noted that the government would review the current situation and potential risks to Russia’s socio-economic trajectory.
Earlier discussions focused on how crisis conditions in Europe might influence the Russian economy, underscoring the interconnected nature of global markets.