Wednesday, February 8, 2012

BlackRock's Fink Recommends Investors Be 100% in Stocks

Larry Fink, CEO of BlackRock, talks about the outlook for global stocks, the U.S. economy and his investment strategy. Fink also discusses the European sovereign debt crisis. [VIDEO]

I don’t have a view that the world is going to fall apart, so you need to take on more risk. You need to overcome all this noise. When you look at dividend returns on equities versus bond yields, to me it’s a pretty easy decision to be heavily in equities.”

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