BlackRock CEO Fink Says US Is Place to Be Overweight for Next 18 Months

Capital Flow - Initially, there was a modest shift of capital out of the US dollar into Europe, driven by a significant overweight in dollar-based assets [1] - In the last two months, capital has been returning to the United States [1] - Most global investors maintain a substantial overweight in US assets [4] - The US is considered the most favorable location for overweighting investments for at least the next 18 months [4] Economic Growth - Over 40% of the US economic growth in the second quarter was attributed to CapEx for technology [2] - CapEx investments, including data centers, power gas exploration, and gas turbine construction, are more prevalent in the US than in Europe [3] - The significant disparity between US and European GDP is partly due to these factors [4]