Trade Finance Forum › Forums › Market Regulations › Compliance › How to manage Fintech stocks during an economic downturn? › Reply To: How to manage Fintech stocks during an economic downturn?
There are numerous financial technologies or fintech businesses to monitor and invest in. Payment stocks have outpaced the S&P 500, which is down by almost 18%. Several fintech industries are falling by 24%. In addition, Crypto stocks have been beaten due to the FTX bankruptcy. Fintech stocks have been under pressure from market fundamentals like industry-increasing interest rates. Fears of a U.S. economic crisis are growing, prompting inquiries into which payment shares are best placed to endure a downturn. But the potential to capitalize on short-term trends can only be gained if the direction is correct. A few helpful suggestions are to enhance your short-term outlook with regular 2X leverage, go where the opportunities are, utilize both bull and bear funds, and maintain flexibility (liquidity for trading in volatile markets).