BLACKROCK TURNS CAUTIOUS ON U.S. STOCKS Researchers at BlackRock, the world's largest asset manager, are increasingly cautious about U.S. stocks. "We’re wary over the next three months," wrote Jean Boivin and his team, citing policy uncertainty that could harm growth and stocks. They reduced U.S. stock weighting to neutral from overweight for this period. However, they remain optimistic long-term, believing U.S. equities, driven by trends like AI, could reclaim global leadership.