BlackRock: Why Relative Value is Trumping Risk Aversion
August 12, 2014 at 07:00 AM EDT
The stock market has had a less-than-positive tone the last three weeks thanks to rising geopolitical tensions. However, trading has not been all about risk aversion or getting “defensive.” In other words, stocks haven’t completely followed the typical “risk-off” script. Gold, a classic safe-haven...