(MT Newswires) -- Wei Li, Global Head of Investment Strategy at BlackRock (BLK), believes that 2024 will see rate cuts, providing a better risk environment for asset allocation. She also explains how she plays the fixed-income market in the run-up to 2024. She advises moving away from cash, which tends to underperform equities and bonds after a period of rising rates, and says she prefers European credit to US credit at present.
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762.9 USD | +0.69% | +1.72% | -6.03% |
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Stocks mentioned in the article
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Capi.
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762.9 USD | +0.69% | +1.72% | 113B | ||
5.34 CNY | +5.12% | +3.49% | 3.4B | ||
EPS Revisions
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-6.03% | 113B | |
-3.98% | 87.91B | |
+20.42% | 63.85B | |
+5.29% | 61.9B | |
+10.12% | 42.86B | |
+7.95% | 40.84B | |
+18.92% | 34.58B | |
+5.88% | 25.46B | |
-5.25% | 22.13B | |
+0.57% | 18.61B |
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- Wei Li, BlackRock: Focus on European rather than US credit