Posted By RichC on July 27, 2012
Peter Fisher, the head of Blackrock Global‘s fixed income, made a few observations this morning regarding economic slowness worldwide. One of the important conclusions that I’ve been hearing from experienced voices is that the U.S. is the safest bet when securing capital and inching out returns. In other words, investors globally move to the security of U.S. based companies, dollars and bonds as they are perceived as the “least” risky worldwide.
CNBC (mp3) — Peter Fisher, Blackrock Global