BlackRock sees risks for U.S. stocks in the second half from virus and politics

BlackRock sees risks for U.S. stocks in the second half from virus and politics

BlackRock’s global chief investment strategist said after the market’s strong gains, he is more cautious on U.S. stocks into the second half of the year because of risks of fading fiscal stimulus and potential election volatility.

BlackRock Investment Institute, in its second half outlook, said it retains equities at neutral, or benchmark weight in portfolios. Within that, it has an overweight…

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