Brace for turbulence in stocks as a recession, high interest rates, and China's reopening disrupt the market, BlackRock says

Jan 9 2023 by Business Insider

 
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York.

Bryan R. Smith/AFP/Getty Images

Stocks will see turbulence in 2023 as the economy undergoes three major shifts, BlackRock warned. Strategists pointed to an incoming recession, high interest rates, and China's reopening. Emerging-market stocks could outperform developed-market stocks, the asset manager said in a note.

Brace for turbulence in stocks, as a...

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