Connect with us

Business

CEO of world’s largest money manager sees stocks rallying in 2021 but not as much as last year – CNBC

CEO Larry Fink spoke after BlackRock reported that assets under management surged to a record $8.68 trillion.

Published

on

post featured image
ADVERTISEMENT

BlackRock’s Larry Fink¬†told CNBC on Thursday he believes the stock market has room to run, but the head of the world’s largest asset manager cautioned that the rally may not be as robust as it was in the second half of 2020.
“I think we’re going to continue to see the market to be strong into 2021, probably not as strong as we saw in the fourth quarter or the third quarter last year,” the BlackRock chairman and CEO said on “Squawk Box.”
The S&P 500 rose more than 20% from July 1 to Dec. 31 as part…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
Stock-market bulls brace for major gut check as earnings, Fed and GDP loom – MarketWatch
post featured image
UK should cut its 12-week delay between vaccine doses, doctors group says – CNN
post featured image
Legendary investor Jeremy Grantham says Biden’s $1.9 trillion stimulus plan will make the stock market bu.. – Business Insider