In this news, we discuss the BlackRock CEO Larry Fink says markets have more upside than downside.
NEW YORK (Reuters) – Strong support from accommodating central banks around the world and potentially another large round of fiscal stimulus in the United States and Europe means financial markets are on the rise rather than the fall, said Larry Fink, CEO of BlackRock Inc BLK.N. Tuesday.
“I firmly believe that we have a great need for a very directed and focused stimulus,” Fink said in an interview.
Reporting by Saqib Iqbal Ahmed; Edited by Chizu Nomiyama
Original © Thomson Reuters