BlackRock thinks the US economy could be an outlier in 2015. In its 2015 investment outlook, titled “Dealing With Divergence,” BlackRock sees the US experiencing a “pickup in growth” and improving labor markets. Financial conditions in the US are also expected to tighten. “US growth is on an upswing. We expect the US Federal Reserve to start raising rates in 2015 and the yield curve to flatten,” the report said. But this improvement out of the US will be a divergence from the world’s other major financial markets and economies. While the Eurozone, Japan, and China could maybe see …read more
Source: Business Insider
