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New investment playbook needed for world of new challenges, says BlackRock strategist
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People shopping at a supermarket in Guangzhou on Nov 30, 2022. China could play a crucial role in global growth in 2023.
AFP
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SINGAPORE - Policymakers and investors need a new playbook for a world of new investment challenges which could see long-term higher inflation, supply chain challenges and geopolitical recalibrations.
Also, financial markets are too optimistic about a potential Federal Reserve rate pivot, but should instead be preparing for a terminal rate of 5 per cent which will remain in place through 2023.
