AzuNyaa
2021-07-08
Covid is here to stay and havoc is there too
BlackRock downgrades U.S. stocks, says reopening momentum is peaking
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackRock downgrades U.S. stocks, says reopening momentum is peaking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 23:09 GMT+8 <a href=https://www.cnbc.com/2021/07/07/blackrock-downgrades-us-stocks-says-reopening-momentum-is-peaking.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the reopening momentum of the U.S. economy nears a peak, investors should look elsewhere for the best opportunities, according to BlackRock.\nThe massive asset manager released a mid-year report on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/07/blackrock-downgrades-us-stocks-says-reopening-momentum-is-peaking.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/07/blackrock-downgrades-us-stocks-says-reopening-momentum-is-peaking.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118316014","content_text":"As the reopening momentum of the U.S. economy nears a peak, investors should look elsewhere for the best opportunities, according to BlackRock.\nThe massive asset manager released a mid-year report on Wednesday and downgraded U.S. stocks to neutral, saying that the reopening trade was largely played out in the domestic markets and that the growth from the economic revival was peaking.\n“We see potential for cyclical shares and regions to benefit from a broadening restart. We are turning positive on European equities and upgrading Japanese equities to neutral – and cut U.S. equities to neutral,” the report said.\nThe U.S. market boomed in the first half of the year, with the S&P 500 jumped 14.4% in six months. The broad market index also reeled off seven-straight record closing highs before retreating slightly on Tuesday.\nHowever, investors should be concerned about the potential for an increase in interest rates and the possibility of higher taxes, BlackRock said, while noting that small caps could still outperform.\n“In the near term, we see U.S. large cap equities as exposed to risks of higher taxes and tighter regulations. … We see potential in small- and mid-cap U.S. companies amid a vaccine-led domestic rebound in activity,” the report said.\nBlackRock’s call adds to a growing trepidation on Wall Street. Strategists from major firms, including Morgan Stanley and Goldman Sachs, are warning that themarket may now be fully valuedand set to move sideways or even pull back in the months ahead.\nSome measures of economic expansion, such as manufacturing data, have also suggested that the U.S. recovery has lost some of its momentum, though growth is still above pre-pandemic levels.\nBlackRock does have on underweight rating on U.S. Treasuries and expects bond yields to rise once again.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":542,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/149058972"}
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