BlackRock investitsiya direktori: AQSH fond bozori daromad kutishlari haddan tashqari optimistik

格隆汇 4月9日｜BlackRock Global Chief Investment Officer for Fundamental Equities, Helen Jewell, stated that due to inflationary impacts from the Middle East war, there will be a need to lower corporate earnings expectations. "Currently, this year's profit forecasts are still as high as 15% to 18%, so there is considerable room for downward revisions." She mentioned that the prediction of stable profitability in the consumer sector is hard to be convincing, especially when considering interest rates and the inflation impact from the Middle East situation. There are already initial signs that profit expectations may change. After several weeks of analysts raising forecasts, Citi's US Profit Momentum Index turned negative last Friday, with the number of downgrades exceeding upgrades by the largest margin in nearly a year. Nevertheless, amid high uncertainty and soaring price risks, analysts' predictions remain high. Compiled data shows that the market generally expects the S&P 500's earnings per share to grow by 16% this year, which would be the strongest performance since 2021. The Q1 earnings season will officially kick off next week. Jewell noted that the profit growth potential of energy and materials stocks is offset by the downside risk in industries such as airlines, indicating that overall earnings will likely remain steady.