Global Allocation Fund portfolio manager Russ Koesterich explains that consumers remain strong, though their focus keeps shifting.
The dynamics in this stage of the economy’s rebound look favorable for industries that are levered to the recovery but also offer stable business models and earnings consistency.
Navigating short-term risks is paramount, but we view the backdrop as favorable for income investors over the medium term.
The new political landscape offers opportunities for investors who adapt their strategy.
Global Allocation Fund portfolio manager Russ Koesterich discusses the appeal of the middle area when choosing between growth versus value stocks.
Despite the worst economic and health crisis in generations, U.S. consumers are defying the pessimists.
As portfolio manager Russ Koesterich discusses, negative real interest rates help explain why gold is moving more in tandem with stocks these days.
Russ Koesterich, portfolio manager of the BlackRock Global Allocation Fund, explores what’s driving the continued strength of the U.S. consumer.
Russ Koesterich, portfolio manager of the Global Allocation Fund, explains how history is not repeating itself with the recent sharp rise in tech stocks.
With cyclical stocks rebounding, portfolio manager Russ Koesterich emphasizes that being discerning is key.
Russ discusses why consumption has held up, and how the pandemic has accelerated long-term trends.
Russ highlights the surprising resilience of technology stocks this year.
Russ explains why Chinese equities should still be a core holding.
Russ discusses the surprising strength in momentum stocks, and why it may continue.
As Russ explains, bonds may not be providing significant income, but still offer a hedge against equity risk.
Russ discusses the importance of keeping perspective as we face an unprecedented crisis.
Russ discusses the reasons why gold can be an effective hedge going forward.
Technology shares are once again leaving everything else in the dust. Year-to-date, the MSCI Information Technology sector, led by U.S. tech, is beating the broader market by over 5% and is ahead of laggards, notably energy, by nearly 20%.
As Russ explains, bond yields may be low, but are still critical as an insurance policy against equity risk.
Russ discusses the catalysts favoring Emerging Markets, beginning with the Federal Reserve.
After an astounding 2019, what’s in store for 2020? Russ discusses.
As Russ explains, the evolution of the consumer, still a pillar of the markets, has major implications for investors.
Russ explains why monetary easing matters more than geopolitical risks for the markets right now.
Recent data show a slowing economy, but no recession. Russ discusses how to position a portfolio in this environment.
Once again, U.S. consumers are keeping the global economy out of the abyss. Russ discusses why.
Interest rates rose last week, but the surge did not keep stocks from climbing. Russ explains why.
Russ describes the reasons why growth stocks can still outperform value.
Easier financial conditions have lessened the blow of greater political uncertainty. Can that continue?
Given the recent volatility, investors may be wary of tech. Not so fast, Russ explains.
Russ discusses why bonds are his preferred hedge in this environment.
Russ discusses how central banks once again have investors’ backs.
Following months of strong performance, Russ discusses why defensive sectors may be overpriced in the current environment.
Despite structural regional challenges, Russ provides insight on several factors that support European equities.
Russ explains why the suddenly easier central bank policies could be key for emerging markets.
Low inflation may sound appealing, but as Russ explains, it has drawbacks for investors.
With stocks on a rollercoaster ride this year, Russ discusses the various potential hedges that could smooth the ride.
Russ discusses why growth is likely to continue to outperform value for a while.
Markets are not too expensive, or too cheap. As Russ explains, that offers a clue into what could cause the next move.
Russ discusses why volatility has not been more severe, even though growth has softened.
Continuing the post-crisis trend, U.S. stocks have outperformed the rest of the world this year. Russ explains why.
Cyclicals rule. After getting trounced in Q4, year-to-date more cyclically oriented stocks and sectors have trounced “defensive”, less-cyclically exposed names. The trend has been even more pronounced during the past month.
Despite being up 25% from December 2018 lows, Russ discusses the factors that remain supportive of the energy sector.
With growth soft, financial conditions are key for investors, Russ explains.
Russ discusses the divergence between rising stock prices and falling bond yields. What gives and can it continue?
The recent U.S. equity rally has coincided with a drop in volatility. But can that continue? Russ discusses.
Russ explains the mystery of why gold is performing surprisingly well while stocks are rallying.
It’s not just stocks: bonds and commodities are up this year as well. Russ discusses whether than can continue.
Russ discusses why energy, despite rallying – and outperforming -- this year, still looks like a value.
Markets have bounced back from December’s selloff. Russ discusses whether investors have shifted sentiment too quickly.
Russ discusses why the dollar has stabilized and what it means for markets.