MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

BlackRock Raises U.S. Equities To Overweight On Earnings Momentum

TedTed
in The Bullpen
FYI: The world’s biggest asset manager BlackRock has upgraded its view on U.S. equities to “overweight”, citing very strong earnings momentum, while cutting European stocks to neutral.

In a note on Monday, BlackRock’s global chief investment strategist Richard Turnhill pointed to tax cuts in the United States and government spending plans as driving earnings growth and said the ratio of earnings upgrades to downgrades for U.S. large caps was at its highest since records began in 1988.
Regards,
Ted
https://www.reuters.com/article/us-blackrock-stocks/blackrock-raises-u-s-equities-to-overweight-on-earnings-momentum-idUSKCN1G31TP?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/businessNews+(Business+News)
Sign In or Register to comment.