Stock market at ‘risk of a melt-up, not a meltdown’, warns BlackRock’s Larry Fink

‘We have a risk of a melt-up, not a meltdown here.’ Larry Fink, CEO, BlackRock Inc. BlackRock Inc. BLK, +2.25% Chief Exeuctive Larry Fink says that with stocks knocking on the door of records, a surge to the upside appears more likely than a market collapse. That is because so many investors still have lots of cash to put to work, the head of the world’s largest asset manager told CNBC in a Tuesday interview.

A meltup is often defined as a sharp and unexpected rise in the price of an asset class, driven largely by a stampede of investors who are more concerned about missing out on a big up move than by improving market fundamentals. Melt-ups are often followed by sharp market setbacks. Data from Lipper last week showed that U.S. equity funds saw $4.3 billion in inflows through the week ended April 10, but that followed a $19.7 billion outflow from the end of last year through April 3.The stock-market rally so far this year has been partly attributed to a dovish shift by the Federal Reserve, which abruptly paused its policy tightening effort in January to adopt a wait-and-see approach after delivering four rate increases in 2018.

isn't that what people do when a meltdown is about to happen?

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Stocks could have a 'melt-up' from here, BlackRock's Larry Fink saysStocks could rally even more in 2019 as more money jumps back into the market, BlackRock CEO Larry Fink says. one day its a 'melt up' last week it was a 'melt down'....if there is no analytical way to make these claims then why scare the market?...and if there are analytical ways to make them then why do they differ from a crash to recessions to inflation to a boom on the upside? WTF Copper is a lead indicator. Follow copper religiously. funny how banks are coming out to lure retails into buying the highs. Probably these banks have too much inventories from their role being the plunge protection team that they want to get rid of
Source: CNBC - 🏆 12. / 72 Read more »

Stocks could have a quick surge from here, BlackRock's Larry Fink saysStocks could rally even more in 2019 as more money jumps back into the market, says the head of the world's largest asset manager. SquawkCNBC Nice SquawkCNBC 💧 💧 💧 💧 💧 💧 💧 💧 Anybody in the lower or middle class feeling the trickledowneconomics TrumpTaxScam TrumpTaxes Taxcuts Trumpeconomy economy SquawkCNBC Love a melt up 🙃 make it happen Larry!!
Source: CNBC - 🏆 12. / 72 Read more »