<\/p>\n
The world\u2019s largest asset manager says investors may want to think twice before betting the farm on US markets.<\/p>\n
In an interview with CNBC TV-18<\/a>, Ben Powell, chief of Middle East & APAC at BlackRock Investment Institute, says he\u2019s looking at other regions to invest in as uncertainty builds in the US due to a weakening dollar and trade tensions.<\/p>\n Says Powell,<\/p>\n \u201cHaving all your eggs in one basket, even a beautiful basket like the US, feels a bit riskier.\u201d<\/em><\/p>\n The analyst says BlackRock is looking at emerging markets like India as potential candidates to outperform the US, noting strong labor force growth, technology gains, heightened geopolitical relevance and favorable demographic trends.<\/p>\n \u201cWe like India, yes. We think India is the right side of a lot of these huge tectonic shifts that we\u2019re seeing. So India, in terms of the geopolitics\u2026 Clearly, India is of course a kind of continent-sized country and economy, and everyone wants to be friends with India. It\u2019s neck and neck at the moment but potentially India\u2019s GDP will be overtaking Japan\u2019s relatively soon in the next few quarters\u2026\u00a0<\/em><\/p>\n And I still think, if I can say so, what some of the foreigners still fail to understand is the amazing technological productivity advances we\u2019ve seen in India over the last years.\u201d<\/em><\/p>\n However, Powell also concedes that BlackRock is still overweight US equities and doesn\u2019t discount the possibility that the American stock market can rip higher from here, noting that artificial intelligence (AI) can be the \u201cmegaforce\u201d that can act as a tailwind that offsets other concerns in the market.<\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The world\u2019s largest asset manager says investors may want to think twice before betting the farm on US markets. In an interview with CNBC TV-18, Ben Powell, chief of Middle East & APAC at BlackRock Investment Institute, says he\u2019s looking at other regions to invest in as uncertainty builds in the US due to a […]<\/p>\n","protected":false},"author":2,"featured_media":394052,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-394051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/394051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=394051"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/394051\/revisions"}],"predecessor-version":[{"id":394053,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/394051\/revisions\/394053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/394052"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=394051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=394051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=394051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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