Stock Market Bull Run Predicted by BlackRock
BlackRock CIO Rick Rieder forecasts a continued bull run in US equities, citing strong earnings growth and justified valuations for the Magnificent 7, despite market risks. #Update #Crypto $BTC (+6) ↗
BlackRock CIO Rick Rieder forecasts a continued bull run in US equities, citing strong earnings growth and justified valuations for the Magnificent 7, despite market risks. #Update #Crypto $BTC (+6) ↗
@DanIvesResearch predicts Microsoft ($MSFT) could surge over 30% to $575 as AI monetization ramps up in the next 6-12 months, calling the stock currently mispriced. #Update #Tech $MSFT (+7) ↗
Goldman Sachs’ Lee Coppersmith suggests the Magnificent Seven stocks may rebound, likening current market conditions to the March 2020 downturn, while investors maintain confidence in AI with a barbell strategy. #Update #Crypto $BTC
@GoldmanSachs executive Rich Privorotsky highlights a market shift away from mega-cap tech stocks, noting strong demand in cyclical sectors and emerging markets as investors seek alternatives. #Update #Crypto $ETH (-6) ↘
@YardeniResearch sees signs of a broadening bull market as momentum shifts to small and mid-cap stocks, reducing bubble burst odds. SMID stocks outperform large caps, but caution remains. #Update #Crypto $MATIC