# BlackRock Cuts U.S. Equity View to Neutral as JPMorgan Revenue Misses Forecast By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/31163 Published: 2026-10-13T13:21:14.000Z Updated: 2026-10-13T13:21:14.000Z Section: Investing > BlackRock moved short-term Treasurys to overweight and long-term Treasurys to neutral as JPMorgan posted $50.91 billion in adjusted third-quarter revenue. BlackRock Investment Institute cut its U.S. equity allocation to neutral and shifted toward short-term Treasurys, while JPMorgan posted adjusted third-quarter revenue below market expectations on Oct. 13. The institute moved U.S. equities from overweight to neutral. It raised short-term U.S. Treasurys to overweight and shifted long-term Treasurys from underweight to neutral, ending an underweight stance that had lasted nearly six years. JPMorgan posted adjusted third-quarter revenue of $50.91 billion, below the $51.37 billion forecast. Earnings came to $5.57 per share. The bank’s fixed-income, currencies and commodities sales and trading business generated $5.37 billion in third-quarter revenue, below the $6 billion expectation. TokenPost previously covered [BlackRock’s shift toward short-term Treasurys and away from U.S. equities](). ## Links in this article - [BlackRock’s shift toward short-term Treasurys and away from U.S. equities](https://www.tokenpost.com/news/investing/30698)