Russ Koesterich

Sonal Desai, Fixed Income CIO at Franklin Templeton, discusses cautious duration moves and fiscal risks. Russ Koesterich, Portfolio Manager at BlackRock, explains de-risking, why traditional hedges are failing and when duration may return. Pierre Wunsch, Belgian central bank governor and ECB policymaker, debates reacting to supply shocks, timing of policy moves and balancing inflation versus growth.

Russ Koesterich, Global Head of Investment Strategy at BlackRock, shares insights on equity market trends and the potential for a rally. Julia Pollak, Chief Economist at ZipRecruiter, discusses troubling signs in the labor market amid rising unemployment. Jonathan Tamari, Bloomberg Government reporter, provides a sneak peek into Kamala Harris's upcoming speech, highlighting its significance in today's political landscape. Together, they navigate the complexities of U.S. economic resilience, investment strategies, and the implications of monetary policy.

Guests from BlackRock, Wedbush, and Maxim Group share insights on market expectations, Apple's WWDC, and inflation. Discussions include AI developments, Fed actions, and potential market reactions to monetary policy decisions.

BlackRock Global Allocation Fund Portfolio Manager Russ Koesterich predicts a rate cut by the Fed in June despite a higher CPI report and advises staying long on equities. The discussion also covers the transition of trading at Schwab to Ameritrade, economic data, barbelling the portfolio, and the market sell-off as a buying opportunity.

BlackRock Global Allocation Fund Portfolio Manager Russ Koesterich predicts a rate cut in June despite a stronger CPI report. He advises staying long on equities. The podcast discusses recent market sell-offs, inflation impact on investments, and opportunities in certain parts of the market. They highlight the resilience of the US economy and their preference for companies in the US tech, healthcare, and consumer discretionary sectors.