2 days ago | By Business Insider
Tech stocks in particular soared over the least decade, but they're having a tougher time now. VIEW press/Getty Images
The days of ultra-low interest rates, low inflation, and supersized stock market returns are over, a BlackRock strategist has said.
Nigel Bolton said investors can now expect higher inflation, higher rates, and more volatile financial markets.
He said the last 10 years have been unusually good for markets, and now they're returning to something closer to normality.
Since the financial crisis of 2008, ultra-low interest rates and central bank bond-buying programmes have...
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2 days ago | By Business Insider
Dollar vs. Yuan ByoungJoo/Getty Images
The dollar's massive gains against other currencies this year isn't part of a "currency war," Bank of America said.
"The US is the epicenter of the global inflation problem," the bank said.
Dollar dominance does have consequences though, and it's already lowered the global growth outlook.
The dollar has risen sharply in 2022, but its strength shouldn't be looked at in the context of global currency wars, and the rise of the greenback is an important part of the global inflation fight, Bank of America analysts said this week. The US Dollar Index, which...
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