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BRIEF-Blackrock's Russ Koesterich says investors should be sensitive to information on rising odds of U.S. recession
September 29, 2016 / 5:41 PM / in a year

BRIEF-Blackrock's Russ Koesterich says investors should be sensitive to information on rising odds of U.S. recession

Sept 29 (Reuters) - Blackrock’s asset allocation head for Global Allocation Fund Russ Koesterich:

* Investors should be sensitive to information suggesting chances of U.S. recession increasing

* Chicago fed national activity index (CFNAI) recently fell back into negative territory

* “The economic - and by extension earnings - rebound that the market is expecting in the second half may not materialize”

* CFNAI is suggesting that, at the margin, "we should all be a bit more concerned" about the prospect of a recession Source text - bit.ly/2dxF0AL Further company coverage:

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