BlackRock Says There Is No ‘Soft-Landing’: Central Banks Will Have To Plunge Economy Into A Deep Recession To Stop Inflation
In the current uncertain macroeconomic environment, the world's largest asset manager, BlackRock Inc (NYSE: BLK), predicts there won't be a "soft landing" and prefers overweight investment grade (IG) credit over standard equities.
Jim Cramer’s ‘They Know Nothing!’ Rant Was 15 Years Ago Today: What’s Happened Since?
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.