Unearthed: Hard, soft or no landing ft. Karim Chedid, BlackRock

[1:27] Karim elaborates on how he perceives the overall economic climate at the present.

[3:08] Are we going to see growth stabilize and even accelerate?

[4:24] Karim explains mega forces and how he believes they will influence portfolios and investors.

[11:41] Karim dives into geo-political risks versus opportunity.

[20:46] With cash allocations possibly reaching 8%, Karim hypothesizes if investors should put their cash to work.

Additional Resources:

• John Reade’s LinkedIn
• Joe Cavatoni’s LinkedIn
• John and Joe on the vision for the Unearthed podcast
• More about the World Gold Council
• Karim Chedid LinkedIn 
• BlackRock 2024 outlook 

Notable Quotes:

• “I think that AI is a dispersion driver. It’s a dispersion of returns and a dispersion of earnings.” - Karim Chedid
• “We hadn’t seen valuations become too expensive, especially on the two year forward earnings perspective because of the real impact that the AI breakthrough is having on earning projections.” - Karim Chedid
• “The rate cuts are coming this year, we can debate how many versus how much the market is priced in, but they are coming.” - Karim Chedid
• “The correlation between stocks and bonds is no longer reliable because you can have quite correlated periods between stocks and bonds.” - Karim Chedid

About World Gold Council

We are a membership organization that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.

You can follow the World Gold Council on Twitter at @goldcouncil and LinkedIn.

Terms & Conditions | World Gold Council