In the Margins

BlackRock's Fink sees 'a lot of dark shadows'

February 8, 2017

By Reuters

BlackRock CEO Larry Fink said the U.S. economy is in the midst of a slowdown and financial markets could see a significant setback because of uncertainty over global trade and the Trump administration's plan to cut taxes. "I see a lot of dark shadows," he said. "The markets are probably ahead of themselves." Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...