Bloomberg Surveillance Single Best Idea with Tom Keene: Mike Green & Frances Donald
May 7, 2025
Explore the complexities of navigating market uncertainty, particularly during critical moments like Federal Reserve meetings. Discover the ongoing debate between active and passive investment strategies, enriched by expert insights. Additionally, learn about the importance of personalized retirement investment approaches tailored to individual goals, while considering the impact of demographic changes and shifting job markets on economic predictions.
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Understanding Knightian Uncertainty
- Knightian uncertainty describes a type of uncertainty that is fundamentally unknowable and unmeasurable.
- This concept is highly relevant today given the trade war and economic confusion around the Fed's actions.
Retirement Focus: Needs Over Trends
- When planning for retirement, focus on your personal needs rather than following others.
- Consider fixed income options like real yielding TIPS as they offer reliable cash flows compared to equities.
Aging Demographics Shift Labor Market
- The U.S. labor market is shifting due to aging demographics and an increasing number of retirees.
- This demographic change complicates typical economic forecasts and impacts future policy decisions.