Future's Economy Diramal Suram, Bahana TCW Says There's A Difference In Hope

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JAKARTA - The world economy in 2023 will be pitch black. However, PT Bahana TCW Investment said, there is still a glimmer of hope for the investment climate of the Indonesian capital market.

This is because there are several factors that can save Indonesia's economy in facing global financial and geopolitical challenges. Head of the Economist of PT Bahana TCW Investment Management Budi Hikmat said that several government programs such as downstream mining sectors that are implemented massively can bring their own benefits.

This, he said, in addition to being an added value, can also strengthen Indonesia's economic fundamentals.

"How do downstreaming increase added value. Indonesia from rank 27 to rank 2. Why is mining not only needed but geopoliticals definitely need metal, green energy for batteries," he said in a virtual press conference, Wednesday, November 30.

Talking about investment, Budi Hikmat said, the mode market moved earlier than the Ril sector. That's what caused the stock market in a number of world exchanges to fall. Investors highlight the Central Bank of the Fed in its monetary policy.

"The important thing is whether the Fed will continue to raise interest rates, there have been 4 times the signs that in the US is slowing. The recession has been made mandatory," he said.

Budi said that investment in long-term state bonds could be an attractive option.

On the same occasion, Director of PT Bahana TCW Investment Management Dania Adblackata said, after the COVID-19 pandemic, many new policies were issued by regulators. This further tightened market participants.

"The global market condition affects the attitude of investors. Data on the 2022 mutual fund trend has decreased but in the future there is a large investment potential," he said.

However, before deciding to invest in times of crisis, the important thing to do is get to know your own risk profile in investing. The self-investment risk profile is divided into 3, namely, conservative or low risk, moderate or moderate, or aggressive or those who make decisions at high risk.

According to him, if you are able to get to know your self-risk profile in investing, it can help you decide and choose the right investment solution.

"No less important as an investor, there is no need to get to know investment and the economy but also get to know yourself. Many investors are tempted by high yields but not strong with risks. Shocked by market fluctuations. As investors, we must recognize the risk profile," he concluded.