Breaking Stories

J.P. Morgan Says Buy These 3 Beaten-Down Stocks for Over 90% Upside Potential

Reuters

BlackRock moves to sidelines on developed market equities

BlackRock Investment Institute cut its ratings of developed market (DM) equities to “neutral” from “overweight” on Monday, citing the U.S. Federal Reserve’s potentially overzealous efforts to curb inflation and signs of economic slowdown in China. Regarding the Fed’s ramped-up rhetoric “vowing to bring inflation down at any cost,” lead analyst Jean Bolvin writes that the central bank’s conundrum “implies the sharpest policy trade-off in decades: between choking off growth via sharply higher rates or living with supply-driven inflation.” On Wednesday, the release of the minutes from the Federal Open Market Committee’s (FOMC) most recent monetary policy meeting could shed light on where the Fed stands on this trade-off.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *