BlackRock just doubled down on its bullish outlook for U.S. stocks — even with inflation proving sticky. The firm believes a cooling labor market will give the Fed space to cut interest rates, fueling the next leg higher for the S&P 500 and Nasdaq 100.
AI is still the star: tech now drives more than 40% of S&P 500 earnings growth, and BlackRock expects it to keep boosting productivity. They even upgraded their stance on long-term Treasuries, expecting yields to fall once rate cuts begin.
Are they right to stay bullish — or could a deeper slowdown catch investors off guard?
#stocks #fedrate #fedinflation
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