Blackrock believes that single data like US CPI cannot determine the market trend comprehensively. The bank expects large technology companies to continue to be the key driver of US stock earnings growth. Therefore, it will continue to overweight US stocks and opportunities related to the AI theme. Blackrock pointed out that due to the drag of technology stocks, the US stock market has fallen from its historical high, and the market hopes that large technology companies will continue to exceed high earnings expectations under the drive of the AI theme. However, the unexpected decline in US June CPI has reignited market expectations that the Federal Reserve will soon adopt interest rate cuts, causing small-cap stocks that are heavily in debt and sensitive to interest rate changes to rise by 3.7%. Blackrock expects that this rebound will not last too long because the Federal Reserve may keep interest rates high for a longer time under the continuous pressure of inflation.
贝莱德：继续超配美股及人工智能主题相关机会
BlackRock: continue to over-allocate opportunities related to US stocks and AI themes.
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