Russ Koesterich

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.

Jason Draho and Russ Koesterich discuss the current market and macro environment for 2024. Topics include asset allocation preferences, economic conditions and risks, investment opportunities in Japan and India, market rotation and macro outlook, and final thoughts on investment strategies.

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.