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Open original source ↗BREAKING: BlackRock has cut U.S. stocks to neutral and turned bullish on Treasuries.
Short-term Treasuries: upgraded to overweight
Long-term Treasuries: upgraded to neutral, from underweight
U.S. stocks: downgraded to neutral
BlackRock's Investment Institute has downgraded U.S. equities to neutral from a long-held overweight and upgraded short-term Treasuries to overweight, ending an underweight stance on U.S. government debt held for most of the past six years.
Read more: https://t.co/91JWlPtVM0
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