Three investment lessons from 2024

Jan 6, 2025

Explore how the unique market trends of 2024 are reshaping investment strategies. The discussion highlights three key lessons that challenge traditional business cycles. Unconventional economic factors and transformative market shifts are key themes. Listeners are urged to adapt and prepare for emerging uncertainties. It's an insightful look at navigating a changing financial landscape.

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INSIGHT

Not a Typical Cycle

2024 was not a typical business cycle, as evidenced by falling inflation without impacting growth.
Traditional recession signals also failed, indicating a period of transformation.

ADVICE

Fade Cyclical Interpretations

Avoid simple, cyclical interpretations of market events in this transformative period.
Wei Li's team successfully faded seven rate cuts and recession fears in 2024 by doing so.

INSIGHT

Expect the Unexpected

Expect the unexpected due to multiple major transformations like aging populations, low-carbon transitions, and AI.
Governments, constrained by high debt and focused on change agendas, are less likely to implement stabilizing policies.

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Wei Li, Global Chief Investment Strategist at BlackRock, highlights the three investment lessons from 2024 that are helping shape our outlook in the new year.

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