Do we live the beginning of an unprecedented investment era?

“This time is not every time,” a phrase is often described as the highest cost in the history of investment, and perhaps right. But for me, there’s something that really believes it’s really different this time. The nature of the risks changes, and the markets change with that. An 15 -year -old investment era ended, in which the achievement of profits was available to everyone, who could provide greater opportunities for investors, but it also poses a greater risk. This means that investment needs more attention and skill, and that risk management will restore its importance. The impact of artificial intelligence is behind this shift three most important changes, the first of which is a technological shock. Despite the dark image drawn by the high levels of government religion and the policies that prevail over political agendas on economic considerations, (especially with regard to customs and immigration fees), the US economy still maintains strengths, the most important of which is the global leadership in innovation, especially in the field of artificial intelligence. It is true that no one knows what artificial intelligence and other technologies of the economy will mean, or when and how the change will occur, but if things match artificial intelligence with the previous important innovations, it is likely to increase productivity and profitability. The shares of companies that can take this opportunity will rise. This partly explains the continued rise of the markets, although share prices are currently relatively high. The case will not be free of long -term bins. The technological transformation of the economy is a chaotic process that prevails in the mystery, which separates winners and losers, and can stretch decades before its functions are clear. There is no doubt that artificial intelligence will reform the economy, but in ways we still cannot imagine. Also read: 5 risks for the US stock market in the second half of the year and in light of the artificial intelligence and the opposite winds due to government policies, there is no doubt that we will see many misconceptions and loss of betting, as well as collapses in the stock markets and enthusiasm for companies that will be in ten years. All this will vary more, although they are expected to offer higher returns. The disintegration of the markets, the increase in debt and inflation, while the second change in the increasing financial disintegration is represented as a result of the new global trading system. Even before the outbreak of the trade war launched by President Donald Trump, the markets were on their way to disintegration. After the pandemic is the direction of the ‘commercial friendship’ -this is the trade between countries that share the orientations or the relationship with them, stable. The result: Market less integrated and interconnected. Over the past two decades, investors have managed to take place for the local market without incurring the effects of the superiority of US equities and the relative interdependence between markets as a result of their deep integration. But this situation will not continue if the amount of trade between countries decreases and capital flow over the border decreases. With the absence of automatic diversification, investors will have to seek it with greater effort. As far as the third change is concerned, it is related to an economic environment characterized by high levels of debt and inflation. This will lead to higher interest rates, a more slope yield and more severe fluctuations in interest rates. This means that the relationship with the stock market will become less stable, which requires a more sophisticated steady revenue strategy. Investors will not be able to bet on the traditional reverse relationship between stock and bonds. A focus on risk management during the past twenty years, it was possible to achieve a good performance in the markets without taking risk management in much seriousness. It was sufficient to invest in the “Standard & Poor’s 500” index and some government bonds to achieve good performance. But this approach is no longer feasible except for those who can carry large fluctuations or even years of low yields. Also read: Wall Street indicators vary with the escalation of the tension of customs duties. Asset managers are aware of the world’s change around them, and they see that it will need more active management. But the choice of stocks will become a more difficult and less predictive task, which increases the need to focus on risk management rather than trying to take care of the market. Although we face a new era, the old strategy that many investors forget is the best of it. This means two things: First, to compensate for the disintegration of the markets, US investors must diversify their governors internationally and avoid prejudice for local markets. Second, they must move some of the remaining risks through a more sophisticated steady revenue strategy. Although some went to the shortest deadlines due to moderation of their fluctuations, this approach can lead to losses in an environment characterized by high enlargement and unstable compounds. Therefore, investors must be cursed in the deadlines of effects they want to buy and plan inflation. In other words, investors need to prepare well.