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BRIEF-Blackrock's Koesterich says going forward, gold’s performance may be most closely linked with what happens in Washington D.C.
August 24, 2017 / 6:09 PM / 4 months ago

BRIEF-Blackrock's Koesterich says going forward, gold’s performance may be most closely linked with what happens in Washington D.C.

Aug 24 (Reuters) - Blackrock’s Koesterich:

* Blackrock’s Russ Koesterich says going forward, gold’s performance may be most closely linked with what happens in Washington D.C.

* Blackrock’s Russ Koesterich says​ for now would prefer to bet on gold’s diversifying properties rather than political stability

* Blackrock’s Russ Koesterich says absent fiscal stimulus, the U.S. economy appears to be in a state of equilibrium

* Blackrock’s Koesterich says if congress manages to enact tax cut/other stimulus, likely to see some reassessment of growth, corresponding backup in real rates

* Blackrock’s Koesterich says “For now my bias would be to stick with gold” Further company coverage:

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