Post by Amundi

💡[#Outlook] | How much can economies and markets endure? The second half of the year will test resilience across growth, policy and markets. Growth is slowing unevenly, inflation risks are rising, and fiscal space is tightening, even as AI earnings momentum continues to broaden across sectors. This environment calls for selective risk‑taking, not a retreat. Resilient portfolios can deploy carry, solid earnings, pricing power, liquidity, diversification and long‑term themes like strategic autonomy and AI deployment. Key Convictions: • Flexible fixed income with inflation‑linked bonds and quality credit • Broader equity exposure across sectors benefiting from the diffusion of AI • Selective Emerging Market (EM) opportunities in commodity exporters and Asia • Hedging via real assets, gold, commodities and currencies 👉To learn more about the outlook for H2, visit: https://lnkd.in/efwZ9e9b