BlackRock Investment Research said on Monday that after the US announced the suspension of tariffs on most countries for a period of 90 days, the Institute's bullish stance on US stocks increased slightly. A report from a research institute owned by asset management giant BlackRock shows that after the Trump administration decided to suspend the imposition of high tariffs on most countries, the risk of a “financial accident” has been mitigated recently. Policy uncertainty is likely to drag down economic growth and the stock market in the short term. However, we believe that the potential economy and corporate profits are still stable, and are supported by huge forces such as artificial intelligence,” BlackRock analysts said in the report, adding that their share of US stocks is too high.

BlackRock Investment Research said on Monday that after the US announced the suspension of tariffs on most countries for a period of 90 days, the Institute's bullish stance on US stocks increased slightly. A report from a research institute owned by asset management giant BlackRock shows that after the Trump administration decided to suspend the imposition of high tariffs on most countries, the risk of a “financial accident” has been mitigated recently. Policy uncertainty is likely to drag down economic growth and the stock market in the short term. However, we believe that the potential economy and corporate profits are still stable, and are supported by huge forces such as artificial intelligence,” BlackRock analysts said in the report, adding that their share of US stocks is too high.