The BlackRock Investment Institute has been suggesting that this trade-off would be necessary. Stock market valuationsThere is a question mark over the extent to which stock market valuations reflect this potential weakness. This has supported stock market valuations in the short-term, but for some companies, this pricing power may fade as the recession bites. BFM has delegated certain investment management and other ancillary services to BlackRock Investment Management (UK) Limited. BLACKROCK, BLACKROCK SOLUTIONS and iSHARES are trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere.

Source: Wall Street Journal July 17, 2023 08:27 UTC