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Larry Fink, CEO of BlackRock, provided insights on the company's Q4 earnings results during an exclusive interview on CNBC. He stated that the U.S. economy is in 'very good shape' and emphasized the importance of the private sector for continued growth in Democratic and Western economies. Fink also expressed optimism regarding future earnings, suggesting they may exceed current expectations. He raised a question about whether the economy might be 'in too good of shape,' hinting at potential concerns despite his positive outlook. Fink's comments come as the financial sector begins to report earnings, which he believes are crucial for assessing the overall economic health.
*BLACKROCK CEO LARRY FINK SAYS US ECONOMY IS IN VERY GOOD SHAPE DO YOU AGREE OR DISAGREE? https://t.co/xlQG309N8H
My comments on CNBC .com today: “We got a good start today to earnings season. The bank earnings are key because the financial sector is so tied to the general economy. So for these big banks to put up bullish numbers today, I think it does bode well,” said Larry Tentarelli,… https://t.co/t1g8VDE7q5
Blackrock CEO Larry Fink: "We cannot discount the strength of the US dollar... I think the economy is in very good shape, that being said is it in too good of shape?" Does it feel like the economy is "in too good of shape." https://t.co/UC8z8q4Pgg
