
Larry Fink, CEO of BlackRock ($BLK), addressed concerns about market volatility at the RBC Capital Markets Conference, stating that 2025 will be uncertain due to inflation, shifting trade policies, and market swings. However, he reassured long-term investors not to panic, emphasizing that the U.S. economy will endure. Fink also encouraged investors to 'buy the dip,' suggesting that any significant market downturn could present a good buying opportunity. He expressed confidence that the current market decline is merely a 'blip' and expects a temporary downturn, predicting higher markets in five years. These remarks were made during a gathering in Washington, D.C.
$BLK BlackRock CEO Fink calls recent market decline a 'blip'
At BlackRock gathering in DC, CEO Larry Fink says he believes market downturn will be temporary and short, with higher markets in 5 years. Fink reminded attendees that this is a buying opportunity to reassert themselves in the market. Good sign.
At BlackRock gathering in DC, CEO Larry Fink says he believes market downturn will be temporary and short, with higher markets in 5 years. Fink reminded attendees that this is a buying opportunity to reassert themselves in the market.