scorecardresearchBlackRock Cuts Developed-Market Stocks to Neutral on Fed, China

BlackRock Cuts Developed-Market Stocks to Neutral on Fed, China

Updated: 24 May 2022, 09:00 AM IST
TL;DR.
BlackRock Investment Institute strategists cut their recommendation for developed-market stocks to neutral, citing concerns about global economic growth from Federal Reserve tightening and China risks.
FILE PHOTO: A sign for BlackRock Inc hangs above the company's building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo

FILE PHOTO: A sign for BlackRock Inc hangs above the company's building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo