In This Article:
The 2024 US presidential election is less than two months away and Wall Street is only expecting markets (^DJI, ^IXIC, ^GSPC) to be wrought with more market volatility (^VIX) the closer November 5 gets.
BlackRock US head of thematic and active equity ETFs Jay Jacobs sits down with Brad Smith in-studio to elaborate on why ETFs (exchange-traded funds) could help investors maneuver market uncertainty
"In two areas I would say, one, a lot of investors are still just trying to lock in yield right now. An ETF like BINC (BINC), which is managed by Rick Rieder at BlackRock, is really trying to capture high yield bonds (^TYX, ^TNX, ^FVX), emerging market bonds, collateralized loan obligations and really lock in some of those yields that can be, you know, five, six, almost 7%," Jacobs says. "The other area where we're seeing more interest right now is actually a little contrarian to the market, it's looking at value stocks."
Jacobs expands upon BlackRock and iShare ETF aiding investors seeking to enter utilities, the manufacturing sector, and the AI trade.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
This post was written by Luke Carberry Mogan.