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A $6 trillion investment chief reveals the one area of the stock market to avoid

Jacqui Frank,Kara Chin,Joe CiolliOct 23, 2017, 17:08 IST

Business Insider

Business Insider executive editor Sara Silverstein speaks with Richard Turnill, global chief investment strategist at BlackRock, which oversees $6 trillion. He says that one area he doesn't favor is small caps stocks, which he says are pricing in a lot of hope around corporate tax cuts. He prefers emerging markets, where stocks have more favorable valuations.