Wall Street stock plunge: Sharemarket does not fully reflect risks to corporate earnings - The Australian Financial Review

Strategists at Morgan Stanley, Goldman Sachs Group and BlackRock said they were wary of the economic outlook, and investors should not rush to buy the sell-off.

BlackRock, which is overweight equities in the long run, is neutral on stocks over the next six to 12 months. Even though profit margins have climbed for the past two decades, BlackRock now thinks th… [+2766 chars]

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