Tag: Blackrock

Larry Fink Sees Elevated Inflation for Years Due to Supply Shocks

(Bloomberg) — BlackRock Inc. Chief Executive Officer Larry Fink said he expects inflation to remain elevated for several years primarily because of snarled global supply chains.Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsElon Musk’s Ultimatum to Tesla Execs: Return to the Office or Get OutJamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’Fed Starts Experiment of Letting $8.9 Trillion Portfolio ShrinkStocks Decline as Da
— Read on ca.finance.yahoo.com/news/fink-sees-elevated-inflation-years-192701018.html

Larry Fink Sees Economy Recovering From Virus But Forever Transformed

(Bloomberg) — BlackRock Inc. Chief Executive Officer Larry Fink predicted the economy will eventually recover from the coronavirus outbreak, though he said the crisis will reshape investor psychology, business practices and consumer habits.The pandemic that swept through nations across the globe this
— Read on ca.finance.yahoo.com/news/larry-fink-sees-economy-recovering-200000177.html