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BlackRock says get ready for a recession unlike any other and ‘what worked in the past won’t work now’ : stocks

by Index Investing News
December 8, 2022
in Stocks
Reading Time: 1 min read
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Anyone else read this today curious what others think about it.

https://ca.finance.yahoo.com/news/blackrock-says-ready-recession-unlike-141611815.html

-The global economy has entered a period of elevated volatility, and previous investing approaches won’t work anymore, BlackRock said.

-A recession is imminent but central banks won’t be able to support markets this time by loosening policy, according to the money manager.

-“Recession is foretold as central banks race to try to tame inflation. It’s the opposite of past recessions,” BlackRock strategists said.



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