BlackRock anticipates that the impending global recession will cause more market volatility than ever before.
According to BlackRock analysts, after four decades of steady growth and low inflation, the world economy is about to enter a period of extreme turmoil and turbulence. Investors will need to be more agile and flexible with their investments due to the limited policy support. BlackRock claimed that because earnings haven’t yet reflected even a slight dip, markets haven’t completely factored in the probable size of the impending recession.
