Blackrock’s chief investment strategist Richard Turnill believes “monetary divergence” between the US and the eurozone is creating investment opportunities. The assertion is certainly contrarian.
‘Lower for longer’ has become the typical characterisation of central banks’ interest rate policy. But it could also be applied to volatility, believes Blackrock.
The Leave campaign is somehow gaining momentum, making the outcome of the upcoming Brexit referendum increasingly uncertain. This uncertainty will have far-reaching market implications in the short term, as a Leave vote would likely shock global markets, Blackrock warned today.