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

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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 ...

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Comment（16）

kino318
·2021-04-16
I start worry when this type of people hint you to buy or hold.
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awbeans
·2021-04-16
Interesting
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RAMA
·2021-04-16
Looks like best to not cash out too early from the market
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Andaroo
·2021-04-16
HODL amc
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- Mr. T:
  To the moon
  2021-04-16
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Ellora
·2021-04-16
[真香]
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1
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Ellora
·2021-04-16
[害羞]
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newbe1001
·2021-04-15
Hmm
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JAMKKT
·2021-04-15
Nice to hear
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Lammie
·2021-04-15
Great
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Jewoo
·2021-04-15
Yes
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March_m
·2021-04-15
Good for him!
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Karlok
·2021-04-15
Nice
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jt888yes
·2021-04-15
Any stock picks?
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Nwhl
·2021-04-15
Comments
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- Rahyenong:
  Woah
  2021-04-15
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- jt888yes:
  Like mine? :)
  2021-04-15
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felixgoh
·2021-04-15
Up
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NextStep
·2021-04-15
Hello
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- 大吉大利一起赚钱:
  Hi
  2021-04-15
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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":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","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},"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},"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},"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":3,"crmLevelSwitch":0},"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,"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":"60.78%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"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},"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},"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"},{"id":347536662,"gmtCreate":1618500524556,"gmtModify":1704711927533,"author":{"id":"3579598681489240","authorId":"3579598681489240","name":"newbe1001","avatar":"https://static.tigerbbs.com/4766ee30ada4a9df74dddcb9ae1d7131","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347536662","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347500399,"gmtCreate":1618499250611,"gmtModify":1704711895393,"author":{"id":"3580120666305176","authorId":"3580120666305176","name":"JAMKKT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Nice 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him!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347651020","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347650802,"gmtCreate":1618494319706,"gmtModify":1704711713681,"author":{"id":"3575076380849834","authorId":"3575076380849834","name":"Karlok","avatar":"https://static.tigerbbs.com/0f1696696cc5642431fc179f63d9df7a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347650802","repostId":1153653878,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":347665933,"gmtCreate":1618493895422,"gmtModify":1704711693118,"author":{"id":"3577696661666129","authorId":"3577696661666129","name":"jt888yes","avatar":"https://static.tigerbbs.com/2ef5ecf9cf739ad2e1676ddc16e36354","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Any stock picks?&nbsp;","listText":"Any stock picks?&nbsp;","text":"Any stock 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