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

Business Insider executive editor Sara Silverstein speaks with Richard Turnill, global chief investment strategist at BlackRock, which oversees $US6 trillion. He says that one area he doesn’t favour 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 favourable valuations.

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