BlackRock Makes Bold Move with $2 Billion Investment in Momentum Stocks Following Election

In a significant strategic pivot post-election, BlackRock, one of the world's preeminent asset management firms, has committed a substantial $2 billion to momentum stocks through its investment vehicle, the Momentum ETF (MTUM). This decisive move underscores the firm’s optimism regarding market dynamics and investor sentiment in the wake of the recent electoral outcomes.

Continue reading