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Blackrock: Observing the "highlights" of the Global stock market, the performance gap between US stocks and Other markets is narrowing.
The world’s largest asset management company Blackrock stated that the recent pullback in the USA stock market has narrowed its performance advantage compared to other markets. Blackrock noted in a report released on Monday that global markets are benefiting from a "structural transformation." The USA stock market slightly rose last Friday, ending a four-week decline. In December, Blackrock had stated that the USA stock market performed outstandingly compared to other markets due to higher growth levels and the ability to harness the "superpowers" driving corporate earnings. The report stated: "Recent policy uncertainty has shaken investor confidence in the USA's economic growth and the resilience of the stock market, leading to a decline of over 3% in the S&P 500 Index."
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