Due to rising market volatility, BlackRock is not endorsing crypto as a hedge. Jean Boivin, the head of the BlackRock Investment Institute, emphasized the instability and the risks involved, particularly amid uncertain trade policies from the Trump administration.
Following Trump’s tariff announcements, significant stock selloffs were observed, impacting major companies like Apple. BlackRock anticipates continued market pressure and suggests a defensive strategy, prioritizing short-term U.S. Treasurys.
Leave a Reply