BlackRock’s Koesterich Sees Energy Stocks as Best Portfolio Diversifier
Market Intelligence Analysis
AI-Powered 60% FREE-ANALYSIS-RULE-BASED-ANALYSISAnalysis of stock market developments showing bullish sentiment.
Article Context
Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, says bonds are not working as a hedge as yields on 30-year US Treasuries rose to the highest since 2007 this week. He talks about the factors he sees driving long-dated bonds and why he doesn’t see $100 oil derailing the US economic expansion. (Source: Bloomberg)
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Summary
Analysis of stock market developments showing bullish sentiment.
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Short Term
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