The stock market will never be the same again. Now we'll be playing a completely different game, say BlackRock experts
BlackRock is undoubtedly one of the most important companies on Wall Street. Now the giant is making a disturbing announcement. What drastic changes do they think are coming to the market?
The stock market is changing. The rules of the game are changing, say BlackRock officials $BLK
Investment strategists at the world's largest asset manager warned of several factors in their global outlook for 2023, released this week. Chief among them are a looming recession, high, runaway inflation and market fundamentals.
"The 40-year period of mostly stable activity and inflation is over," wrote Vice Chairman Philipp Hildebrand and a team of senior managers. "A new regime of greater macro and market volatility is emerging. Moreover, almost everyone agrees on the arrival of a recession."
Hildebrand and his team argue that that great stability, a period of low inflation and steady economic…
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Is forex hard?
Stocks closed lower Tuesday, giving up earlier gains, as concerns such as rising rates and high inflation that knocked the market down last year continued to trouble investors in the new year.
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