Friday Mar 01, 2024

Unearthed: Hard, soft or no landing ft. Karim Chedid, BlackRock

[1:27] Karim elaborates on how he perceives the overall economic climate at the present.

[3:08] Are we going to see growth stabilize and even accelerate?

[4:24] Karim explains mega forces and how he believes they will influence portfolios and investors.

[11:41] Karim dives into geo-political risks versus opportunity.

[20:46] With cash allocations possibly reaching 8%, Karim hypothesizes if investors should put their cash to work.

Additional Resources:

Notable Quotes:

“I think that AI is a dispersion driver. It’s a dispersion of returns and a dispersion of earnings.” - Karim Chedid
“We hadn’t seen valuations become too expensive, especially on the two year forward earnings perspective because of the real impact that the AI breakthrough is having on earning projections.” - Karim Chedid
“The rate cuts are coming this year, we can debate how many versus how much the market is priced in, but they are coming.” - Karim Chedid
“The correlation between stocks and bonds is no longer reliable because you can have quite correlated periods between stocks and bonds.” - Karim Chedid

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