Bull bear light box
The bull market is over, BlackRock strategist Ben Powell said.
  • Investors can't rely on a bull market to keep lifting asset prices any more, BlackRock's Ben Powell said.
  • Inflation has gone from being no problem to a big problem, the strategist told Bloomberg TV.
  • It's time to become more active in picking the assets and places to invest in, Powell said.

Investors can no longer rely on stocks and other assets to keep logging gains like they used to, according to a top BlackRock strategist.

It's become clear that inflation is not coming down as quickly as hoped, and that means the Federal Reserve might keep hiking interest rates, Ben Powell told Bloomberg TV on Tuesday.