Head of world’s largest asset manager says stock market has hit a bottom — but this would make it surge
Larry Fink, chief executive of world’s largest asset management firm, BlackRock Inc., says that the stock market has probably put in a bottom but that for sentiment to take off, the U.S.’s spat with China on trade needs to get resolved.
Fink told CNBC during an interview Wednesday morning that if the protracted tariff dispute is resolved, “we would see a surge in investment sentiment.”
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https://www.marketwatch.com/story/head-o...2019-01-16
Larry Fink, chief executive of world’s largest asset management firm, BlackRock Inc., says that the stock market has probably put in a bottom but that for sentiment to take off, the U.S.’s spat with China on trade needs to get resolved.
Fink told CNBC during an interview Wednesday morning that if the protracted tariff dispute is resolved, “we would see a surge in investment sentiment.”
...
https://www.marketwatch.com/story/head-o...2019-01-16
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