Investment Outlook 2018

On Tuesday the 13th of February 2018, Banque BEMO held a conference on “Investment Outlook 2018 & Blockchain and Cryptocurrencies” to private and corporate clients at the Four Seasons Hotel, followed by a lunch.

Mr. Samih Saadeh - Vice Chairman and General Manager highlighted our vision to become the reference in Private and Corporate banking while stressing on our commitment to consolidate traditional values with a contemporary approach ; offering services that are personal in delivery and global in scope. Also, he announced the upcoming move to our new headquarters enabling us to better serve our clients.

Mr. Rami Saadeh – Wealth & Investment Manager, conducted a presentation highlighting the various factors driving the financial markets, and investigated whether they remain sustainable. Mr. Saadeh described the market rally to be driven by rational exuberance, driven by strong fundamentals, however, depicted it as “Excessive Exuberance” positioning the market in a “Fragile Equilibrium”. Subsequently, Rami presented another presentation discussing Blockchain and Cryptocurrencies highlighting the risks and the distinction between the technology and the instruments while also exposing the behavior of these instruments according to the “Theory of Reflexivity”.

Dr. Riad Obegi – Chairman of the Board - concluded the presentation by associating Blockchain with family spirit, while stressing on the importance of optimism upon taking investment decisions.