BlackRock’s Fink Says Rally in Equities May Not Be JustifiedBy
Corporate earnings have fallen in five quarters, he tells CNBC
BlackRock earnings fell 3.7% as investors shifted to bonds
Laurence D. Fink, who runs the world’s largest asset manager as chief executive officer of BlackRock Inc., said the current rally in equities may not be justified and won’t last unless earnings pick up.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.