The key here is to identify the catalysts that can supercharge them and whether all this is priced in today. They include the rise of artificial intelligence, the rewiring of globalization driven by geopolitics and the transition to a low-carbon economy, to name a few. These are structural changes we think could create big shifts in profitability across economies and sectors. The third theme is harnessing mega forces. We think that creates opportunities to generate returns by getting more granular with views and exposures. Greater volatility has brought more divergent security performance relative to the broader market. Our second theme is pivoting to new opportunities. This actually means macro might not always be our friend and this marks a shift from the low-rate environment that prevailed before the pandemic. In a world shaped by supply constraints, we see central banks being forced to keep policy tight to lean against inflationary pressures. Our 3 investment themes for the 2023 midyear outlook are: holding tight, pivoting to new opportunities and harnessing mega forces. As we look ahead to the rest of the year, we see abundant investment opportunities – but they’re different than those in the past. BlackRock Bottom Line: BlackRock Investment Institute 2023 Midyear outlookīlackRock Global Chief Investment StrategistĢ023 has provided more evidence that we’re in a new, more volatile regime.
0 kommentar(er)
