Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:BlackRock: Fed Tapering Is Email Routing List Email & Route  Print Print
Thursday, June 27, 2013

BlackRock: Fed Tapering Is "Healthy"

News summary by MFWire's editors

BlackRock[profile] released a mid-year outlook "Exit, Entry and Overshoot" in which it tried to allay fears about Fed tapering later this year, reported Bloomberg's Alexis Leondis. The BlackRock presentation said the job market appears better than it is because of the number of people dropping out of the job market, meaning that the Fed will likely begin the tapering process more slowly than investors think.

An eventual halt in Fed bond buying does not necessarily equal a 1994-style bond market rout,” said BlackRock, which manages $3.94 trillion in assets. “Given a mild outlook for inflation, the Fed will likely err on the side of tapering slowly.


Despite BlackRock's indication that there is hope for a more gradual process, they tout the reduction in asset purchases as "healthy":
A reduction in the Fed’s asset purchases is not Armageddon -- it is actually healthy. Trillions of dollars of stimulus have failed to spur much credit growth and economic activity. Money market multipliers across the world have essentially collapsed.
If you would like to read more, please click here

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use