Head of Thematic Strategy for the BlackRock Global Allocation Fund Kate Moore joins Market Domination to offer her insights on the current market dynamics.
Uh I don't feel that anxiety at all today because in fact, the fundamentals of our highest conviction themes and our equity allocation still look very strong and the macro looks solid.Um I don't think we're gonna get a massive change in terms of anyone's inflation outlook. So I think we're very far away from understanding even what the addressable market is across the A I theme.
Um The truth of the matter is the aggregate data still looks pretty good and uh businesses are talking about spending, they're showing high levels of optimism.I think yields are higher because of that, not because they're not because of sort of bad reasons.I mean, it's interesting because we have talked to some folks who say you don't wanna be in cash anymore.Cash could be an awesome instrument in an asset allocation portfolio.
You know, there are parts of the tech uh you know, ecosystem that are real, have been more reliant on funding.