BlackRock's Chief Strategist Favors US Equities Over Government Bonds
Source Summary
Wei Li, BlackRock's global chief investment strategist, stated that she prefers equities over credit and government bonds from a total portfolio perspective. She also noted that there are attractive income opportunities within fixed income that warrant increased exposure.
Why it matters
BlackRock's asset allocation guidance influences trillions of dollars in global investments and signals institutional investor sentiment on major asset classes.
