(HedgeCo.Net) — In a move that is reverberating across global markets, BlackRock—the world’s largest asset manager—has shifted to a more cautious stance on U.S. equities, citing what it describes as a prolonged “energy supply shock” driven by escalating geopolitical tensions in the Middle East. The firm’s latest weekly commentary, issued by the BlackRock Investment Institute, signals a notable pivot: from a constructive outlook on risk assets to a more defensive posture emphasizing resilience, i...
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