A soon-to-hit tapering of QE may now be consensus, but top BlackRock strategists just aren't...
A soon-to-hit tapering of QE may now be consensus, but top BlackRock strategists just aren't seeing it yet, instead doubting the labor market or inflation will be strong enough. Economic headwinds from forced budget cuts are only starting to take effect and Jan. 1 brings another - Obamacare - whose penalties on hiring may lead to less of it. Further waves of asset purchases may be as likely as tapering.
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