BlackRock Recommends Bonds for Ballast

Richard Turnill, BlackRock's global chief investment strategist, thinks the economy is doing just fine. Nonetheless, in this week's market commentary, he reocmmends investors make a strategic allocation to government bonds.

He reminds investors that bond prices tend to go up when stock prices fall, which was the case Tuesday morning, due to escalating tensions with North Korea, which mirrored events last week. He writes:

During the taper tantrum in 2013 bonds and stocks fell together, which he thinks may be preventing investors from turning to Treasuries in times of risk. But he doesn't see that scenario playing out again near-term.

Turnhill explains:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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