BlackRock Is Still A Hold Due To Valuation

Spencer PlattIntroduction The financial sector is exciting these days, with the Federal Reserve preparing to lower the interest rates. While some banks may suffer from lower rates on their loans, other institutions look forward to an increase in the valuation of assets as more capital will flow into risk assets. Investment banks and managers will likely benefit from the lower rates as money used to gain real interest in cash will flow again to stocks, bonds, and alternative assets. One leading investmen ...