‘Not a 2008 redux,’ however BlackRock is prepared for alternatives amid ‘harm’ of price hikes and recession

Waiting for central banks to slash charges? Think once more.

That was BlackRock BLK, the world’s greatest asset supervisor, on Thursday warning buyers to not depend on cracks within the banking sector to spur central banks to chop charges “as they used to do in episodes of financial stress.”

While pointing to completely different “cases” within the banking sector that…

Source web site: www.marketwatch.com

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