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Evan
@StockMKTNewz
Free Stock Market News that is FAST, ACCURATE, CONSISTENT, and RELIABLE | Not Just Stock News | The link to work with me is the link in my bio ⬇️
Joined April 2020
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BLACKROCK JUST CUT US STOCKS TO NEUTRAL AND TURNED BULLISH ON TREASURIES The shift comes from a note by the BlackRock Investment Institute and CIO Rick Rieder. - Short-term Treasuries: up to overweight - Long-term Treasuries: up to neutral from underweight - US stocks: down to neutral from a long-held overweight BlackRock says it is still bullish on AI and calls the stock cut short-term risk management: "We are managing near-term risk, not changing our core convictions."
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