(MT Newswires) -- The Fed is more than willing to ease financial conditions, according to Jeffrey Rosenberg, portfolio manager of systemic multi-strategy funds at BlackRock (BLK). He interpreted the Fed's decision and comments as a validation of the idea that inflation is transitory, and that it seems satisfied with recent economic developments. he therefore believes that bullish market sentiment could continue as long as economic data does not contradict this trend.
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
762.9 USD | +0.69% | +1.72% | -6.03% |
Apr. 26 | News Highlights : Top Financial Services News of the Day - Friday at 4 PM ET | DJ |
Apr. 26 | Bluebell Capital Sends Letter BlackRock | CI |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
762.9 USD | +0.69% | +1.72% | 113B | ||
1.249 USD | -0.12% | +0.47% | - | ||
1.069 USD | -0.32% | +0.46% | - | ||
0.731 USD | 0.00% | +0.56% | - | ||
0.6532 USD | 0.00% | +1.81% | - | ||
0.5938 USD | 0.00% | +0.88% | - | ||
0.012 USD | 0.00% | 0.00% | - | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-6.03% | 113B | |
-3.98% | 87.91B | |
+20.96% | 63.76B | |
+5.29% | 61.9B | |
+10.12% | 42.86B | |
+7.95% | 40.84B | |
+18.92% | 34.58B | |
+5.88% | 25.48B | |
-5.25% | 22.13B | |
+0.57% | 18.61B |
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- J. Rosenberg, BlackRock: The Fed's decision is a green light for investors!