Posted 1/22/2024, 9:13:00 PM
BlackRock: Markets Enter New Era of Persistent Geopolitical Risks and Sustained Inflation
- Markets have entered a "new geopolitical regime" where geopolitics are a persistent risk factor
- The old playbook of ignoring geopolitics no longer applies according to BlackRock
- Geopolitical fragmentation is contributing to sustained inflation pressures
- Countries like Mexico and Vietnam stand to benefit from trade intermediation between power blocs
- Expect more investment into sectors like tech, clean energy, and defense as countries pursue geopolitical goals