BlackRock's Fink: Companies are not waiting for a US-China trade talk

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BlackRock CEO Larry Fink joins SquawkCNBC to discuss why many companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing.

BlackRock CEO Larry Fink joins "Squawk Box" to discuss why many companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing.

 

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Blackrock CEO Larry Fink sees US stocks trending higher even from near-record levelsEarlier, Williams delivered a speech in which he said, 'It's better to take preventative measures than to wait for disaster to unfold.' The middle class with 401k's will be the ones that get hurt when this market crashes
Source: CNBC - 🏆 12. / 72 Read more »

Head of the world’s largest asset manager says taking risk off the table in stocks is a mistakeBlackRock Inc.’s founder Larry Fink said that “people are under-invested in equities” now and said that investors shouldn’t pump the brakes on stock buying even as the market trades in record territory. It must be such a pleasure being the uber-wealthy head of a market maker. And I mean market maker not just in the sense that you can influence the market with large trades, but also outsize influence on policy that benefits your position. That is true power. Pulling out of ishares Haha time to run
Source: MarketWatch - 🏆 3. / 97 Read more »

Blackrock CEO Larry Fink sees US stocks trending higher even from near-record levelsEarlier, Williams delivered a speech in which he said, 'It's better to take preventative measures than to wait for disaster to unfold.' The middle class with 401k's will be the ones that get hurt when this market crashes
Source: CNBC - 🏆 12. / 72 Read more »