BlackRock president Rob Kapito warned that investors are underestimating the economic risks of the Iran war, predicting it could reduce growth by two percentage points and increase inflation by a similar margin. Even if the conflict ends soon, oil prices may …
BlackRock Inc. president Rob Kapito said investors may be underestimating the risks stemming from the Iran war, which are likely to weigh on growth and drive inflation higher even if the conflict end… [+2188 chars]
