News Formal

BlackRock CEO Larry Fink warned the coronavirus could cause lasting economic damage - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

BlackRock CEO Larry Fink warned the coronavirus could cause lasting economic damage

Bloomberg reportedThe asset manager's boss described a wave of bankruptcies, vacant planes, and pressure to raise taxes in a private call with a wealth-advisory firm's clients this week, Bloomberg said.

Fink suggested that the pandemic could elevate people's concerns about public transport, hitting industries such as airlines. His fellow CEOs aren't planning any international travel this year as far as he knows, he added.GOLDMAN SACHS: Traders are reaping unusually large profits from earnings-related stock trades. Here are 15 picks for the remainder of the season.

Restaurants could struggle to attract enough customers to stay afloat if social-distancing measures continue, Fink said. Mass unemployment and economic disruption could also fuel nationalism and heighten geopolitical tensions, he added. Given the pain to come, Fink questioned whether the Federal Reserve should provide more economic support. He also warned that the government may have to raise taxes to repay theFink's negative outlook strikes a contrast with the recent performance of the US stock market. Both the Dow Jones Industrial Average and the S&P 500 recently completed their

 

コメントありがとうございます。コメントは審査後に公開されます。

the largest hedge fun in the world had to scare everybody now..

Enough with the fear tactics man.. Larry Fink can go have a fucking seat somewhere and stay away from all media

wow Larry very insightful!

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Airbnb expects revenues to be slashed by more than half this year, CEO says - Business InsiderAirbnb expects 2020 revenues to be less than half of what they were in 2019, even once travel resumes, because of fallout from the COVID-19 pandemic. No surprises there
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Why Airbnb CEO Brian Chesky conducted layoffs the right way - Business InsiderAirbnb is cutting about one quarter of its staff. CEO Brian Chesky's memo to the company shows respect and compassion for all employees affected. Airbnb Airbnb employee Airbnb 'This is the moment where brands are built or brands are dented. [If the company mishandles layoffs] it absolutely will impact recruitment and talent because the world is small.' YairR CareerArc via ShanaDLebowitz
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »