Weak Growth Hasn’t Detered Riskier Assets…Yet
March 05, 2014 at 07:30 AM EST
Despite slowing growth, investors appear ebullient, pushing stocks to new heights. Nevertheless, BlackRock warns that economic data has to pick up to warrant the richer valuations in equities and exchange traded funds. Fourth-quarter GDP growth was downwardly revised to 2.4% from 3.2%, with...