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China Growth, US Bank Outflows And Blackrock Shuns The 60/40

China Growth, US Bank Outflows And Blackrock Shuns The 60/40

Bloomberg Daybreak: Europe Edition

April 18, 202317m 6s

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Show Notes

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) China's economy bounces back as consumers splash the cash.

(2) Deposit outflows top $60bn at key US lenders as customers hunt for better return.

(3) Apple teams up with Goldman to offer market-leading savings rates.

(4) Blackrock advises investors to ditch the 60/40 portfolio to navigate higher interest rates. 

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