From BlackRock Investment Insititute:
Stay risk-on in the short term.
- We see falling inflation, nearing interest rate cuts and solid corporate earnings
supporting cheery risk sentiment. We tweak our tactical views and stay pro-risk. - U.S. stocks hit record highs last week and 10-year yields fell as the Fed stuck
with planned rate cuts. Japanese stocks gained on a cautious BOJ policy pivot. - U.S. PCE takes center stage this week. We see goods deflation pulling down
overall U.S. inflation for now before inflation resurges in 2025.
For more commentary from BlackRock, click here.
TC140887(0424)1