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IPFS News Link • Stock Market

A New World Order for the Stock Market is Coming, Explains BlackRock CIO

• The Wealth Advisor

"It's a really big deal," says DeSpirito on Yahoo Finance Live.

DeSpirito explains that since the end of the financial crisis, the economy has experienced very low growth, very low inflation and very low rates. But those factors largely ended during the pandemic, with that regime being one with high inflation and a love for stay-at-home stocks.

Now things are changing once more as home prices have shot higher at this point in the pandemic, stock prices are still elevated, the unemployment rate is sub 4% and interest rates are headed upward.

This emerging backdrop means investors have to search for companies that have pricing power and sell unique products. All in, it will be a more complicated backdrop for investors to navigate, concedes DeSpirito.