CEO of world's largest money manager: 'I am incredibly bullish' on the stock market

cnbc2021-04-15

KEY POINTSBlackRock CEO Larry Fink said Thursday he's optimistic about financial markets as the economy attempts to recover from the coronavirus pandemic.Fink told CNBC that he's not too concerned ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

kino318
2021-04-16
kino318
I start worry when this type of people hint you to buy or hold.
awbeans
2021-04-16
awbeans
Interesting
RAMA
2021-04-16
RAMA
Looks like best to not cash out too early from the market
Andaroo
2021-04-16
Andaroo
HODL amc
- Mr. T:
  To the moon
Ellora
2021-04-16
Ellora
[真香]
Ellora
2021-04-16
Ellora
[害羞]

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1153653878?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-15 21:21","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1153653878","market":"us","top_or_hot":-1,"title":"CEO of world's largest money manager: 'I am incredibly bullish' on the stock market","media":"cnbc","content":"<div>\n<p>KEY POINTSBlackRock CEO Larry Fink said Thursday he's optimistic about financial markets as the economy attempts to recover from the coronavirus pandemic.Fink told CNBC that he's not too concerned ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/blackrock-ceo-larry-fink-says-hes-incredibly-bullish-on-stock-market.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CEO of world's largest money manager: 'I am incredibly bullish' on the stock market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCEO of world's largest money manager: 'I am incredibly bullish' on the stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/15/blackrock-ceo-larry-fink-says-hes-incredibly-bullish-on-stock-market.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSBlackRock CEO Larry Fink said Thursday he's optimistic about financial markets as the economy attempts to recover from the coronavirus pandemic.Fink told CNBC that he's not too concerned ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/15/blackrock-ceo-larry-fink-says-hes-incredibly-bullish-on-stock-market.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.cnbc.com/2021/04/15/blackrock-ceo-larry-fink-says-hes-incredibly-bullish-on-stock-market.html","article_id":"1153653878","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/04/15/blackrock-ceo-larry-fink-says-hes-incredibly-bullish-on-stock-market.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1153653878","pubTimestamp":1618492913,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTSBlackRock CEO Larry Fink said Thursday he's optimistic about financial markets as the econ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DSU":"贝莱德基金",".SPX":"S&P 500 Index","SPY":"标普500ETF","BLK":"贝莱德"},"translate_title":"全球最大基金管理公司首席执行长：“我对股市非常看好”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"BLK":0.9,"DSU":0.9,"SPY":0.9},"content_text":"KEY POINTSBlackRock CEO Larry Fink said Thursday he's optimistic about financial markets as the economy attempts to recover from the coronavirus pandemic.Fink told CNBC that he's not too concerned about government deficits at the moment, citing the money that could be put to work.\"Deficits right now are not a big issue, and that's what the markets are saying,\" he added.BlackRockCEO Larry Fink said Thursday he's optimistic about financial markets as the economy attempts to recover from thecoronavirus pandemic.\"I am incredibly bullish on the markets,\" Fink said in an interview on CNBC's\"Squawk Box,\"while adding he shares long-term concerns about the implications of government deficits.\"Is that a worry for me at this moment? No,\" he added.A host of factors are likely to propel markets higher in the near term, Fink said, even as theS&P 500andDow Jones Industrial Averageare hovering near record levels already.\"I believe because of monetary stimulus, fiscal stimulus, the cash on the sidelines, earnings, the markets are OK. Markets are going to continue to be stronger,\" said the co-founder and chairman of the world's largest asset manager.Near-term risks to the market do exist, he cautioned. He said the arrival of coronavirus variants that dramatically reduce the effectiveness of Covid vaccines is currently the biggest one.By contrast, Fink said the government deficit — which has grown as the U.S. Congresspassed trillions of dollars worth of pandemic stimulusto support the economy— poses a more long-term threat.\"Deficits right now are not a big issue, and that's what the markets are saying,\" Fink contended. \"They're not a big issue because the amount of money that's on the sideline, the amount of capital that is trying to be put to work.\"However, Fink said the strength of the economy in the years ahead could change his outlook.\"If we don't have economic growth that is sustainable over the next 10 years — and I'm saying economic growth that is above 3% — our deficits are going to matter, and they are going to elevate interest rates at some time,\" he said.Fink's comments Thursday came after BlackRock reported first-quarter results thatbeat Wall Street expectations. The company's assets under management also increased to just over $9 trillion, up 39% from $6.47 trillion in the same quarter a year ago.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":347707237,"gmtCreate":1618529367629,"gmtModify":1704712175615,"author":{"id":"3578134255896974","authorId":"3578134255896974","name":"kino318","avatar":"https://static.tigerbbs.com/e983f44b7853b7b8c10f1b3f6e19dc68","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578134255896974","authorIdStr":"3578134255896974"},"htmlText":"I start worry when this type of people hint you to buy or hold.","listText":"I start worry when this type of people hint you to buy or hold.","text":"I start worry when this type of people hint you to buy or hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347707237","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347449294,"gmtCreate":1618527533218,"gmtModify":1704712137370,"author":{"id":"3579082829321076","authorId":"3579082829321076","name":"awbeans","avatar":"https://static.tigerbbs.com/1a873a403661600fcf46de76b6b334f2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579082829321076","authorIdStr":"3579082829321076"},"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347449294","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347482484,"gmtCreate":1618522998948,"gmtModify":1704712091147,"author":{"id":"3579812664530236","authorId":"3579812664530236","name":"RAMA","avatar":"https://static.tigerbbs.com/767f54a66ea074248d8e9bba9e219fce","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3579812664530236","authorIdStr":"3579812664530236"},"htmlText":"Looks like best to not cash out too early from the market&nbsp;","listText":"Looks like best to not cash out too early from the market&nbsp;","text":"Looks like best to not cash out too early from the market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347482484","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347489621,"gmtCreate":1618522246563,"gmtModify":1704712083540,"author":{"id":"3575199303759784","authorId":"3575199303759784","name":"Andaroo","avatar":"https://static.tigerbbs.com/634c9b9f18158d4a4e497249bdbe8fd5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575199303759784","authorIdStr":"3575199303759784"},"htmlText":"HODL amc","listText":"HODL amc","text":"HODL amc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/347489621","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4046899,"gmtCreate":1618525839181,"gmtModify":1680784238666,"authorId":3580699589385230,"author":{"id":3580699589385230,"idStr":"3580699589385230","authorId":3580699589385230,"name":"Mr. T","avatar":"https://static.tigerbbs.com/ffcbb09604bf679c78d4b172e4ad0c39","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":347489621,"type":1,"supId":0,"prevId":0,"content":"To the moon","text":"To the moon","html":"To the moon"}],"langContent":"EN"},{"id":347490076,"gmtCreate":1618508111195,"gmtModify":1704712043978,"author":{"id":"3576910253324626","authorId":"3576910253324626","name":"Ellora","avatar":"https://static.tigerbbs.com/8efc8e79a51bc935fef2992697f4f459","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576910253324626","authorIdStr":"3576910253324626"},"htmlText":"[真香]&nbsp;","listText":"[真香]&nbsp;","text":"[真香]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347490076","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":347407285,"gmtCreate":1618508087247,"gmtModify":1704712043330,"author":{"id":"3576910253324626","authorId":"3576910253324626","name":"Ellora","avatar":"https://static.tigerbbs.com/8efc8e79a51bc935fef2992697f4f459","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576910253324626","authorIdStr":"3576910253324626"},"htmlText":"[害羞]&nbsp;","listText":"[害羞]&nbsp;","text":"[害羞]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347407285","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":43,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1153653878"}