2020-04-08 00:00:00, Jeff Shen, BlackRock Blog
Content Categorization
/Finance/Investing
/Business & Industrial
Word Count:
1023
Words/Sentence:
25
Reading Time:
6.82 min
Reading Quality:
Adept
Readability:
13th to 15th
And today, satellite images, foot traffic and transaction data are giving us a better read on the economy amid widespread global closures and re-openings.
At the same time, the natural language processing of news flow, retail blogs and broker reports afford us a deeper understanding of investor sentiment and market reactions to policy responses.
The alternative data we track (satellite images, traffic congestion and transaction data) offers some hints as to how the recovery may play out in other parts of the world.
First, China's recovery seems to be staggered and gradual.
This could imply country as a unit of analysis may be more important for investors going forward.
Second, we note China's supply recovery has been faster (factories have re-opened) while the demand recovery (consumer activity) has been slow.
These risks may be heightened for investments in emerging markets.
This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy.
Keywords
Investment Outlook
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