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BlackRock Strategist Warns Traditional Diversification Fails Under Macro Shocks

Private Banker International Read original source (opens in a new tab)
The Story

News Summary

  • BlackRock's Ronald Ratcliffe highlights that traditional asset-class diversification often fails during geopolitical shocks.
  • Second-order macroeconomic effects, such as inflation and interest rate shifts, drive correlated risk across both public and private portfolios regardless of nominal asset labels.
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