In recent weeks, the US has experienced a dramatic shift in the way it handles investments. From the investigations into BlackRock, the world’s largest asset manager, to the US-led investment fund Eagle Football’s purchase of a majority stake in Ligue 1 team Lyon, to the US government's scrutiny on US investments in China, there is much to consider for investors looking to weather the current recession.
For starters, why are red states pulling billions in pension funds from BlackRock? It's simple: ESG or environmental, social, and governance. BlackRock has come under fire for investing in companies with questionable ethical practices, and red states are putting their foot down. In response, BlackRock is seeing a shift in its focus, making it the world's largest investor in ESG products.
As the chairman of the new congressional committee on China, Representative Jim Banks, plans to focus scrutiny on US investments in the country, investors should consider the potential risks and rewards of investing in China. From the US-China trade war to the potential for long-term growth and development, the implications for foreign investors are far-reaching.
investing during a recession can be tricky, but knowing what to invest in can help. For starters, consider the advice of investing icons Warren Buffett and Peter Lynch. For example, Buffett has always been a proponent of buying quality stocks at bargain prices when the market is down. And Lynch’s strategy of investing in what you know and understand can be applied to any era.
In addition to the big names, investors should pay attention to the lesser-known yet potentially lucrative investments. For instance, Western intelligence officials are invest whether a network of wealthy and well-connected expatriate Russian investors is part of a money laundering scheme. For those who want to stay ahead of the curve, keeping an eye on these types of investments could pay off.
Finally, investors would do well to follow the example set by Bill Gates. With his net worth of over $100 billion, Gates’ investments in some interesting startups and his 10-year bet that the world would become a better place thanks to technology have earned him a spot as one of the wealthiest people on the planet.
investing in a recession can be a daunting task, but by staying informed of the latest investigations and following the advice of investing icons, investors can maximize their returns and create a portfolio that will weather any storm.
