4 of the world's elite investors agree on the biggest risks that will cause the next recession. Here's how they're each protecting clients with over half a trillion in combined assets.
this week in Los Angeles, large asset managers showed some consensus on what they see as the biggest threats to the economy today: Tensions between China and Taiwan, and the Federal Reserve overdoing it.
Below, we've their quotes on the subjects, along with how they said they're protecting their clients' money. China/Taiwan: "The sight of him next to Putin, the stated intention of the Chinese Communist Party to reunify Taiwan, the real election that the east had that clearly has the implication that he has to deliver on that promise during his next term. I think it is a good chance, more than a little bit, that there will be a conflict, an invasion of Taiwan.
"If this happens, you could have stranded assets, and I just find it unacceptable as a risk, even as only maybe 10, 20 percent risk."Suddenly they go like crazy up to four or five percent. It's a completely reckless experiment, you can only call it that with a more levered economy. So I think the biggest risk is more stupidity by the fed from here. The market is already telling him you overshot the target by 150 basis points.
Within stocks, she said she likes emerging markets, healthcare, cybersecurity, AI, and deep tech. Funds that offer exposure to these areas include: the iShares Core MSCI Emerging Markets ETF (
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