ZGBR - BlackRock Investment Institute adjusted 2021 global outlook
The BlackRock Investment Institute team has updated its previous 2021 forecast report. In the new report they have outlined their global outlook along with their asset class views and debate on fiscal response.Below are a few key quotes and figures displayed by the BlackRock Investment Institute team for investors to evaluate: Global Outlook “We broaden our tactical pro-risk stance in light of major developments since the publication of our 2021 outlook in December: the vaccine rollout and up to $2.8 trillion of additional U.S. fiscal spending this year. Inflation expectations have risen sharply while real rates are steady in negative territory. We prefer equity over credit and turn underweight government bonds – in line with our strategic views.”“Activity in many services sectors is already compressed with less room to decline further. Businesses have also adapted to an environment of social distancing, allowing operations to continue. Vaccine rollouts are likely to stoke
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BlackRock Investment Institute adjusted 2021 global outlook