BlackRock’s top minds seem worried. Investment strategists at the world’s largest asset manager warned of a coming recession, stubborn inflation, and a new era that won’t be so kind to investors in their 2023 Global Outlook released this week.
“The Great Moderation, the four-decade period of largely stable activity and inflation, is behind us,” vice chairman Philipp Hildebrand and a team of top executives wrote. “The new regime of greater macro and market volatility is playing out. A recession is foretold.”
Hildebrand and his team argue that the Great Moderation—a period of low inflation and steady economic growth—allowed stocks and bonds to flourish in a way that won’t be possible moving forward.
Read more ....
Update: A new world order for the stock market is coming, explains BlackRock CIO (Yahoo News)
WNU Editor: What BlackRock is saying is nothing new. This was predicted by BlackRock weeks after the start of the Russia - Ukraine war .... BlackRock's Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization (CNBC).
And what BlackRock is predicting for 2023 is even worse .... BlackRock says get ready for a recession unlike any other and 'what worked in the past won't work now' (Business Insider).
2 comments:
LOL. So overblown crap. Yes a realignment is in order but if you understand what’s going on you will see the risks and rewards. Simply speaking here in this post - instead of US hegemony over the global financial markets, another alternate system is being developed. So, this just means that the US can’t punish economically, bad actors. This also means that manufacturing will come back and flourish in the US and other areas. Funny thing is this will force the US to drill for more oil (👍), while the left figures out how to move forward. Also, volatility will remain high so invest in JEPI and QYLY type funds. Cheers!
NYT: Russian Cruise Missiles Were Made Just Months Ago Despite Sanctions
So either western control of markets is a fairy tale, or the funny conspiracy about "ruzzianz need i7 chipz to make bombs" is just an MSM dose of Huxley's Soma to placate the oxygen-deprived amongst us.
Post a Comment