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Equities on the rise despite geopolitical risks
29 March 2011
Risk assets powered to a strong week of gains, despite a number of near-term risks relating to the unpredictability of escalating unrest in the Middle East, according to BlackRock
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BlackRock
Risk assets - and equities in particular - powered to a strong week of gains, despite a number of near-term risks relating to the unpredictability of escalating unrest in the Middle East, according to BlackRock.
With the Dow Jones Industrial Average climbing 3.1% to 12,221, the S&P 500 Index advancing 2.7% to 1,314 and the Nasdaq Composite rising 3.8% to 2,743, BlackRock maintains its view that equity markets are likely to continue their long-term trend of outperformance.
Before the earthquake in Japan and the widening turmoil in the Middle East and North Africa that occurred several weeks ago, economic growth in both the United States and the world was accelerating. BlackRock was...
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