Black(Rock) Monday: Larry Fink and the $6.2 Trillion Liquidity Conundrum

Black(Rock) Monday: Larry Fink and the $6.2 Trillion Liquidity Conundrum


By CCN: Amongst the litany of bearish naysayers, one bullish voice still screams louder. Larry Fink, the CEO of the world’s largest asset manager – BlackRock – is sticking firmly to his forecast that there is no bogeyman waiting to slaughter the US stock market. BlackRock Not Worried About Recession Battering Stock Market The billionaire investor made his comments to Handelsblatt. Mr. Fink, it seems, is not perturbed by the much-publicized “Fed Pause”: “I see no signs of a global recession in the coming 12 months… The central banks have loosened their policy above all because of the weak fourth

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Posted by Francois Aure on April 21, 2019 @ https://www.ccn.com/blackrock-monday-larry-fink-and-the-6-2-trillion-liquidity-conundrum

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