00:00BlackRock is betting big on U.S. stocks even with inflation staying sticky. They say the
00:05softening labor market will give the Fed room to cut interest rates this week, pushing stocks
00:10even higher despite slowing economic growth. AI is still the star of the show. BlackRock says
00:16tech now drives over 40% of the S&P 500's returns and earnings growth, and they think it will keep
00:23fueling productivity for years. They even upgraded their view on long-term treasuries, expecting
00:28yields to drop as rate cuts kick in. BlackRock thinks we're in a sweet spot, slower growth,
00:35no recession, and AI keeping stocks hot. Do you agree, or are they underestimating the risk of a
00:40bigger slowdown?
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