A sell-off in U.S. stocks and bonds will likely dry up during the summer months as the Federal Reserve whittles down its nearly $9 trillion balance sheet, said Rick Rieder, chief investment officer of global fixed income at Blackrock, the world’s largest asset manager. Rieder believes the Fed’s balance sheet reduction, which is expected to begin in June, will prove a “catalyzing moment” for asset prices and after that confidence may return to markets.
BlackRock (BLK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.