Goldman, BlackRock Turn Bearish on Stocks

Goldman, blackrock turn bearish on stocks

Bloomberg Markets and Finance published this video item, entitled “Goldman, BlackRock Turn Bearish on Stocks” – below is their description.

Rising global recession risks have pushed both Goldman Sachs Group Inc. and BlackRock Inc. to take a bearish stance on equities in the short term. Dani Burger reports on Bloomberg Television.

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BlackRock, Inc. (NYSE: BLK) is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

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