BlackRock chief investment strategist on two catalysts for a correction

BlackRock chief investment strategist on two catalysts for a correction. What investors may want to consider is that even with all the good news, there's a lot of complacency in the market. It's hard to predict the timing, but we know that with volatility this low, there's not a lot of bad news discounted into the price of stocks. I think there are two things in the near term that could lead to a correction, one of which is impossible to predict. If the geopolitical situation worsens in Ukraine or the Middle East in a way that impacts oil - to me, that's the key transmission mechanism - that can derail the rally. The second issue, which I think is going to come up closer to the fall, is when investors start to think about when the Fed's going to tighten rates, changing monetary conditions at the margin. (VIEW LINK)