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Why BlackRock Cooled on Emerging Markets but Kept Its Brazil Bet
BlackRock downgraded its view on emerging-market stocks to neutral from overweight due to concerns about heavy reliance on the AI supply chain in regions like Taiwan and South Korea. However, the firm maintained its positive stance on Brazil.
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- Europe’s Stocks Are Back in the Lead as Stagflation Risks Ease
- LatAm Pre-Open: Brazil Extends Record Run as Chips Keep Sliding
- Fitch Cuts Outlook on Brazil’s Banks to ‘Deteriorating’
- BlackRock Downgrades Emerging-Market Equities Over AI Risks