We see market complacency as a risk as the Federal Reserve normalizes its pace of normalization. Jeff explains.
BlackRock (BLK) is the world's largest publicly traded investment management firm. As of September 30, 2016, it had assets under management, or AUM, of $5.1 trillion. This is ~7% of the total assets under management across the globe.
Jeffrey is BlackRock’s Chief Investment Strategist for Fixed Income. Prior to joining BlackRock, he spent nearly a decade at Bank of America Merrill Lynch as Chief Credit Strategist, focusing most recently on fixed income, securitized assets, credit, FX and commodities strategies. He is a CFA charterholder and writes about fixed income markets.