In this insightful episode hosted by John Reade and Joseph Cavatoni from the World Gold Council, guest Karim Chedid, Head of EMEA Investment Strategy for iShares and a Managing Director at BlackRock, discusses the current macroeconomic environment.
Chedid examines the key factors shaping the economy, the debate between a hard and soft landing, and the indicators that hint at future economic directions. He elaborates on the Federal Reserve's potential actions, including possible earlier rate cuts, and their implications on assets like gold.
Chedid also explores major themes affecting investment portfolios, such as AI, geopolitical dynamics, energy, materials, and the future of finance. Highlighting the trend of increasing cash allocations in portfolios, he advises on the significance of this shift and the strategic incorporation of alternative assets like gold for optimal portfolio allocation.
