BlackRock’s Wei Li Prefers US Equities to Government Bonds

Wei Li, the global chief investment strategist at BlackRock, currently prefers US equities over government bonds and credit from a total portfolio perspective. This preference is driven by AI-driven earnings growth, which may reshape investment strategies by emphasizing tech sectors over traditional fixed income assets. Despite this tilt toward equities, Li notes that there are still good income opportunities within fixed income that the firm intends to lean into for diversified portfolio growth.