World's Largest Asset Manager Turns Bullish On Stocks Amid Signs Of Soft Landing: 'We Expect The Rally To Broaden'
BlackRock, which is managing $10 trillion in assets, has upgraded its U.S. stocks rating from "underweight" to "overweight." The asset manager's bullish stance is projected over a six to 12-month period, contingent on the success of the Federal Reserve in instigating an economic soft landing.
