Blackrock (NYSE: BLK), the world’s largest asset manager, expressed a cautious look at the US Securities Market.
The company’s feelings come at a time when the stock market is trying to recover after sales caused by the collective tariffs on April 4. As of the time of the press, the S& P 500 standard increased by 2.5 %.
Despite this momentum, the Blackrock Investment Institute, led by Jean -Bouvin, stated that cautious feelings are driven by increasing uncertainty in politics that may hinder economic growth and lead to stock performance.
“We bear caution on a three -month shorter tactical horizon.
To this end, the company has amended its investment expectations by converting its American shares from “weight gain” to “neutral” over a period of three tactical months. This step reflects a decision to reduce risk exposure amid the increasing uncertainty in the market.
“We are warned over the next three months,” the analyst wrote.
Recovery
As part of its updated strategy, Blackrock also reduces its exposure to Chinese stocks and increases its preference for the US short -term cabinet. According to Bevin, these government bonds are safer during potential market turmoil.
Despite the short -term caution, Blackrock maintains a long -term positive view on American stocks and expects that over time, the market can restore global leadership, with support from structural trends such as AI’s progress.
Before Blackrock warning, on April 7, CEO Larry Fink expected The stock market may decrease by 20 %, pointing to concerns about the potential contracting economy.
However, Findk indicated that the contraction should be seen as an opportunity to buy, as the market is likely to see a recovery.
In addition, Goldman Sachs, the giant banking, is another entity in Wall Street, raising concerns about the stock market. According to the bank, the last sales process can turn into a long -term periodic bear due to the high risk of stagnation, which the lender has placed at a chance of 45 %.
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