Blackrock (BLKCEO Larry Fink believes that American actions, which are remarkably close to all-time highs, They are more likely to join farther than down. – Even though many market observers are worried about the next bubble.
"Despite where the markets are in stocks, we have not seen the money go to work," said Fink. on CNBC This morning, adding that I was still seeing exits in stocks.
A few months ago, investors assumed that the Federal Reserve would further raise interest rates, which would have been excellent for fixed income securities, but not so much for stocks. BlackRock posted a record $ 32 billion entry in its bond funds between January and March, according to first quarter results.
But with the Federal Reserve taking off the accelerator, the opposite should be true, and actions should receive another boost as appropriations are updated, according to Fink's reasoning.