Favor US Over European Equities, BlackRock's Li Says
Market Intelligence Analysis
AI-PoweredBlackRock's Wei Li favors US equities over European equities due to broadening US earnings strength, particularly in the tech sector, while advising selectivity in European industrials and financials.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
BlackRock Global Chief Investment Strategist Wei Li says US earnings strength is starting to broaden out beyond the tech sector. "We favor US equities over likes of European equities," Li tells Bloomberg's Francine Lacqua. "Being selective in European equities like industrials, financials is important," she adds. (Source: Bloomberg)
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