BlackRock’s Harrison Says, ‘I Still Want to Be Risk On’

The video discusses the limitations of bonds in providing protection in a multi-asset portfolio and suggests diversification into Chinese markets and precious metals. It emphasizes building a risk portfolio to capitalize on market opportunities, despite short-term challenges. The discussion includes the potential cyclical recovery of underperforming assets and the impact of monetary policy on yield curves. The video also explores inflation protection strategies, including gold and Bitcoin, and highlights the importance of dynamic asset allocation and tactical hedging.

What is the suggested role of precious metals in a portfolio according to the first section?

• They are a useful source of stability.

• They are only for short-term gains.

• They are a primary investment focus.

• They should be avoided due to high risk.

What is the expected trend for underperforming assets in the near future?

• They will outperform technology stocks.

• They will continue to decline.

• They will experience a cyclical recovery.

• They will remain stagnant.

How does the current monetary policy environment affect yield curves?

• It has no impact on yield curves.

• It makes it easy for yield curves to steepen.

• It causes yield curves to flatten.

• It makes it difficult for yield curves to steepen.

What is a suggested strategy for protecting against inflation?

• Investing solely in technology stocks.

• Avoiding all forms of investment.

• Relying on fixed income assets.

• Owning precious metals and seeking dynamic opportunities.

Why might precious metals be considered a useful addition to portfolios?

• They are the only asset class that never loses value.

• They offer diversification in a QE environment.

• They are primarily for speculative trading.

• They are a guaranteed hedge against inflation.