The world's largest asset manager double-upgrades US stocks on expectations of a soft landing

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The world's largest asset manager double-upgrades US stocks on expectations of a soft landing. View article details on HISWAI: https://markets.businessinsider.com/news/stocks/stock-market-outlook-blackrock-double-upgrades-us-stocks-soft-landing-2024-1

Summary

BlackRock upgraded U.S. stocks, expecting inflation to fall and the Federal Reserve to cut interest rates, fostering a stock market rally. Their positive sentiment aligns with Jean Boivin's views amid monetary policy and market sentiment considerations.

Article found on: markets.businessinsider.com

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