BlackRock’s Li Upgrades View on European Equities

The transcript discusses recent market trends, highlighting the impact of central bank support on ETP flows, particularly in credit. It examines the US stock market's performance, noting the NASDAQ's recent underperformance and the S&P 500's gains. The discussion also covers the tech sector's role as a stay-at-home investment and the potential for cyclical rotation with vaccine developments. European equities are favored due to their position in the pandemic recovery and prudent economic measures. Overall, the transcript emphasizes the ongoing search for income and the influence of structural trends like digitalization.

What factors contributed to the favoring of fixed income in June according to the text?

What is the significance of central bank support in the context of credit ETP flows?

How did the performance of the NASDAQ compare to the S&P 500 during the week mentioned in the text?

What potential impact could vaccine development news have on market rotations according to the discussion?

What trends are observed in European equities compared to US equities as discussed in the text?