During the week, the third quarter National Accounts were published, which provide a more consolidated view of the country's recent growth figures. While on net these are good figures, they are not sustainable over time, or at least not without generating macroeconomic imbalances elsewhere.
For members, this new system may mean better returns and less risk of bad decisions, but also a reduced sense of control. For the industry, the next few years will be ones of technical adaptation, communication with clients and adjustment of investment models.
To understand how this new cycle may influence the economy and portfolios, we must separate what has become clearer from what remains uncertain.
A recent paper by the McKinsey Health Institute reveals that every dollar invested in promoting healthy aging in the United States can generate up to three dollars in health and economic benefits. Its findings offer a compelling roadmap for countries facing rapidly advancing longevity.