Worlds Largest Money Manager: Biggest Fear for Markets – a Fed Mistake
- BlackRock chief Larry Fink says he does not put a high probability on that happening, but stressed central bankers need to be careful.
- The global economic recovery is motivating investors to put more money to work, Fink says.
- The world’s largest money manager issues better-than-expected quarterly earnings and revenue.
“We want to avoid an inverted yield curve.” BlackRock chief Larry Fink says if the Fed tightens too much that could put the bond market out of whack and hurt stocks.