BlackRock says it sees opportunity to take on more market risk

By Kitco News / February 06, 2018 / www.kitco.com / Article Link

NEW YORK, Feb 6 (Reuters) - BlackRock Inc's Investment Institute said on Tuesday that the swoon in stock markets is "contained" and that it sees an opportunity to take on more risk, particularly in emerging market equities.

A real change in markets would require a deterioration in the economy, the group said in a note. Instead, the recent pullback "appeared to stem from investor jitters over the stock market run-up, record equity inflows and rapidly increasing interest rates," exacerbated by products betting against rising U.S. equity volatility, BlackRock said.


(Reporting by Trevor Hunnicutt; Editing by Leslie Adler)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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