The Blackrock Perspectives for 2023 video is a must-watch for anyone interested in navigating the current economic and market volatility. The speakers provide a deep analysis of the new investment playbook required due to the regime of greater economic and market volatility that is playing out and not going away.
Central banks won't ride to the rescue in a recession, so investors need to be ready for more frequent portfolio changes and more granular views that go beyond broad asset classes. The speakers highlight the importance of their assessment of market risk sentiment and their view of how much economic damage is already reflected in market pricing.
The video covers a wide range of topics, including inflation, aging workforces, and geopolitical fragmentation, all of which contribute to the new regime of economic and market volatility. The speakers provide insights into the investment implications of these long-term trends, such as staying overweight inflation-linked bonds and being strategically overweight DM equities.
The breakdown of the stock-bond relationship in the new regime is another critical topic covered in the video. Short-term government bonds and high-grade credit are favored for income, while long-term government bonds won't serve as traditional portfolio diversifiers due to persistent inflation.
Overall, the Blackrock Perspectives for 2023 video is a comprehensive and insightful analysis of the new investment playbook required in the current economic and market volatility regime. The speakers provide practical advice and investment implications for navigating the challenging market environment.
