Ben Powell van Blackrock, the largest asset manager in the world, states that it is increasingly dangerous to invest your full capital in the United States. He also says he looks at other regions, because of the weakening dollars and the trade tensions.
“Storing all your eggs in one basket, even a beautiful basket like the United States, feels a little riskier at the moment,” says Powell.
BlackRock looks at emerging markets
Powell indicates that BlackRock is increasingly looking at emerging markets such as India as potential candidates for beating the United States.
In the emerging India they see strong growth in the labor market, large profits in the field of technology, growing geopolitical relevance and favorable demographic trends.
“We are positive about India, yes. We think that India is on the right side of many of the huge tectonic shifts that we are currently seeing. So India, in geopolitics … India is of course a kind of continent in itself, both in terms of country and in terms of economy, and everyone wants to be friends with India. It is currently a neck-on-Nekrace, but but but it will be of Nekan-Nekrace, but but but
And I still think, if I can say that some foreign parties still do not understand how impressive technological productivity growth in India has been in recent years. ”
Still most capital in the US
Although they look at other markets at BlackRock, Powell admits that the majority of capital are still in the United States. He also does not want to rule out that the US stock market will make up a huge leap from here.
He sees and acknowledges that artificial intelligence can be a “mega force” that can take a lot of worries about the US.
Source: https://newsbit.nl/blackrock-analist-waarschuwt-alleen-in-amerika-investeren-is-gevaarlijk/
