The world's largest money manager says now is the time to buy stocks | Markets Insider

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The world's largest money manager says now is the time to buy stocks

The world's largest asset manager, which has $6.5 trillion in assets under management as of March 31, thinks the policy actions in response to the coronavirus pandemic should cushion the impact of the virus shock and help mitigate permanent damage to growth fundamentals.

The rally in bonds and sell-off in stocks since the coronavirus pandemic hit has created an opportune time to strategically rebalance portfolios by selling bonds and buying equities, according to BlackRock.A fund manager trouncing 90% of his rivals shared with us 5 trades he's making to stay ahead - including a big bet on Disney after it was crushed in the pandemic sell-off

"Falling yields have lowered their expected returns and reduced their ballast properties ... their ability to act as portfolio ballasts during risk-off events is less than in the past," BlackRock said. At the top of the list is Emerging Market debt and equities, followed by Developed Market equities. US Treasuries and US TIPS round out the bottom of the list."All else equal, a selloff in an asset class makes it more attractive through a valuation lens, mechanically increasing our expected returns for it in the coming five years," BlackRock explained.

 

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lol hot tip

And the moment you pile in. Wall Street big boys dump their shares... inducing a panic. They then return to buy the same shares they previously held at a reduced cost.

They said the same thing at Davos

Everyone is about a month or 2 late

What an irresponsible statement. How about getting people to analyse stocks before making a sound investment?

What else he can say 😂

Read: The Oracle Spoke – The BusinessWorld Listened

Yes, Blackrock is there to buy bonds for FED money printing so everyone else can buy stocks in overvalued entities to keep the retirement fund Ponzi scheme going.

Go after what you want or lose it to someone that wants it more!

Where was he two months ago?

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