Lower growth, higher inflation

BlackRock
By September 18, 2019 10:50

Lower growth, higher inflation

Markets breathed a sigh of relief last week on signs of easing U.S.-China trade tensions. We see ongoing policy support, the absence of obvious financial system vulnerabilities and resilient consumer spending helping extend the U.S. economic expansion. Yet trade tensions pose ongoing risks – threatening to weigh on growth and pressure inflation. This could call for a more defensive investing stance.

BlackRock
By September 18, 2019 10:50

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