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Mega forces will reshape markets, says BlackRock
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Blackrock has upgraded the US markets, citing the country as the world’s hyperpower going into 2025.
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SINGAPORE – Cyclical factors have long driven financial markets but mega forces have been calling the tune since the pandemic and will continue to do so in 2025 and beyond, according to investment giant BlackRock.
Mr Ben Powell, chief investment strategist for the Middle East and Asia Pacific at BlackRock Investment Institute, believes the old playbook that investors used in the post-Covid-19 era will not work any more.
