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The Bid

A Macro and Geopolitical Outlook – Live from Davos

Jan 24, 2025
Philipp Hildebrand, Vice Chairman of BlackRock, and Tom Donilon, Chairman of the BlackRock Investment Institute, join in a riveting discussion from Davos. They delve into the macroeconomic outlook for 2025, highlighting the impact of the new U.S. administration on global markets amidst inflation and geopolitical tensions like the U.S.-China rivalry. The guests also emphasize the transformative role of AI in finance and the importance of navigating investment strategies in a volatile landscape, all while keeping an eye on pivotal European elections.
24:52

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Quick takeaways

  • The podcast highlights Europe's significant macroeconomic challenges influenced by geopolitical tensions, emphasizing the need for effective navigation to sustain its global economic position.
  • It underscores the increasing fragmentation in global politics, particularly between the U.S. and China, necessitating cautious investment strategies amidst evolving geopolitical dynamics.

Deep dives

Macroeconomic Implications for Europe

The podcast highlights the significant macroeconomic challenges facing Europe, particularly in light of the new U.S. administration's policies and geopolitical tensions. Discussions emphasize how these dynamics will affect Europe's economic outlook and its response to events such as the Ukraine war. The presenters note that Europe must navigate these challenges effectively to maintain its position in the global economy, especially in the context of increasing competition in technology. The implications of aging populations and structural economic changes are anticipated to lead to persistent inflation and harder economic conditions ahead.

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