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BlackRock cut their view on US equity......>

EQUITIES
EQUITIES: BlackRock cut their view on US equity markets to neutral after recent
outperformance, while upgrading their view on European stocks to overweight.
- BlackRock cite the risks of fading fiscal stimulus, an extended Coronavirus
epidemic and further China-US tensions.
- Meanwhile, European equities should outperform given exposure to cyclical
upside on the economy restarting.
- On emerging markets, BlackRock downgrade EM equities to underweight given lack
of policy room and further concerns over Coronavirus.
- Cross-asset, BlackRock favour US Treasuries, with long-term yields likely to
fall further relative to other DMs.

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