BlackRock’s Larry Fink Sees Markets Rising on U.S. Fiscal Moves

Nomura’s McCafferty Sees Rotation Out of U.S Equities Into Japan, China Equities

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By Sammy Criscitello

July 19, 2019 at 11:05 AM UTC

Updated on

July 19, 2019 at 1:08 PM UTC

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Larry Fink, the chief executive officer of BlackRock Inc., sees markets trending higher spurred by deregulation and tax cuts in the U.S.

“People are under invested in equities,” Fink said on CNBC Friday. “We did more fiscal policy than other countries, other countries were reliant on just monetary policy.”