A new approach? CNBC: “Goldman says the world is at an ‘inflection point’ and it’s time for new investing playbooks”

From Weizhen Tan at CNBC:

The world is at an “inflection point” — and that means there will be “profound changes” to the way we invest, Goldman Sachs Asset Management said in a recent report.

The firm pointed to rising interest rates as a result of persistent inflation, disrupted supply chains, “elevated sensitivity” to climate issues, geopolitical instability and deglobalization.

“In this new environment, the portfolio construction playbook that worked so well in recent decades may be less effective going forward, forcing a rethink in approach,” they added.

Here’s how investors can respond, according to Goldman.

People like Ray Dalio at Bridgewater, and other hedge fund managers and analysts, have also been saying that we are entering a new era where traditional (or recent) ideas about investing won't apply any more. (link to the Goldman report)

Will you be changing how you approach the markets?