BlackRock's CIO Discusses the U.S. Equity Market

An earlier and faster pace of interest rate cuts by the Fed, healthy cash flows for companies outside the financial sector and improving credit markets are some of the ten positive factors underlying the U.S. equity market put forth by BlackRock’s chief investment officer for equities, Bob Doll.

However, the U.S. investment firm, which has roughly $1.36-trillion in assets under management, does think the banking crisis will continue.

“Investor and consumer sentiment measures are very pessimistic, which often marks the bottom of equity market falls,” Mr. Doll said of another factor supporting stocks.