BlackRock Modestly Overweight on Equities

BlackRock's (NYSE: BLK) Chief Equity Strategist Bob Doll and Chief Fixed Income Strategist Jeff Rosenberg appeared on CNBC's Squawk Box to discuss the company's asset allocation. They pointed out the following:

-Policy makers are trying to create inflation.

-Markets may regain the appetite for risk.

-BlackRock remains modestly Overweight on equities.

-Focus on strong cash flow and dividends.

-Favorite sectors are health care, energy, and telecom.