OBOR - Investing In The Future: The New Era Of Infrastructure
2024-06-26 10:55:00 ET
Summary
- Our base case scenario is for the U.S. economy to achieve a soft landing, but we still see a 35% probability of a recession over the next 12 months.
- Conditions are improving in most other developed economies, including in the eurozone, the UK, and Japan, as they catch up from relatively lackluster post-Covid gross domestic product growth trajectories.
- We do not see extreme tactical opportunities across equity regions, sectors, or styles.
Episode Description
Infrastructure is experiencing a transformative moment, owing to the rise of remote work, the digital revolution, urbanization and a changing energy landscape driven by AI’s increasing demand for data centers. David Giordano, Global Head of BlackRock Climate Infrastructure, helps us explore the major structural forces driving this change, and examine the role of private capital in bridging the financing gap for new energy investments and how changes in supply chain strategies are influencing the infrastructure investment landscape.
Transcript
Oscar Pulido: Infrastructure is experiencing a transformative moment, owing to the rise of remote work, the digital revolution, urbanization and a changing energy landscape driven by AI’s increasing demand for data centers. So, what opportunities exist for investors and how can infrastructure investment not only build wealth but contribute to a more efficient future?
Welcome to The Bid, where we break down what's happening in the markets and explore the forces changing the economy and finance. I'm Oscar Pulido....
Investing In The Future: The New Era Of Infrastructure