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Is a 50 basis point rate cut on the table? BlackRock’s Rieder doesn’t rule it out
A sense of calm has returned to markets after a volatile start to the month. But that doesn’t mean the coast is clear. Pros that Yahoo Finance are speaking with are gearing up for a volatile September for markets amid the looming presidential election and a new Fed meeting, where the monetary policy stewards may cut interest rates. So what’s the play for your portfolio with this unknown backdrop? Yahoo Finance executive editor Brian Sozzi and Yahoo Finance ‘Market Domination’ host Julie Hyman talk at length with Blackrock chief investment officer of fixed income Rick Rieder. In this Opening…
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