1107 days ago • Posted by Jasper Lawler
World's biggest asset manager is overweight equities in latest outlook
From BlackRock equities outlook:
-We are overweight equities on a strategic horizon.
-We see a better outlook for earnings amid moderate valuations.
-Incorporating climate change in our expected returns brightens the appeal of developed market equities given the large weights of sectors such as tech and healthcare in benchmark indexes.
-Tactically, we stay overweight equities as we expect the restart to re-accelerate and interest rates to stay low. We tilt toward cyclicality and maintain a bias for quality.
Source: ForexLive