BlackRock's Macro GPS tool is designed as an improvement to traditional economic indicators, and is intended to give investors a more forward-looking outlook.
The firm is using the big data quantitative insights provided by its Systematic Active Equity team to further hone the GPS indicator.
Economic data can be a double-edged sword for investors.
Sure, it serves an valuable input for traders deciding where to put their money, but it's also largely backwards-looking. So while it's...
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