Philip Scholtzé is a spare economist at Avanza and sees many fund and share savers acting in the stock market crash.
We see that many small savers are now turning to funds with lower risk, primarily interest rate funds. The interest has increased for both short-term and long-term interest rate funds.
Last week, when the stock market went down, he also saw that many small savers chose to sell.
People are selling funds that involve high risk, often pure share funds with a global focus. Many of them are American and technology-focused.
Frida Bratt is a spare economist at Nordnet and she has also seen small savers acting on the unrest in the stock market.
For the first time in a very long time, we see that European funds are increasing. Europe has long been out in the cold, but now we see a trend shift in where people are placing their money, she says.
The trend is the same on the share side, notes Frida Bratt. Purchases have increased within European defense companies and European banks. At the same time, many are selling shares in American tech giants.
It's also interesting that many have sold their shares in Coca-Cola, which has held relatively stable. Coca-Cola is, after all, a strong American symbol, and people getting rid of that share could have to do with not wanting to be associated with the USA.
