Larry Fink’s Grim Outlook

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May.07 -- Larry Fink has a stark message for corporate America: “As bad as things have been, they’re likely to get worse.” BlackRock’s CEO laid out his concerns in a call with a private audience, warning on everything from taxes to consumer demand. Bloomberg’s Dani Burger reports on “Bloomberg Daybreak: Europe.”
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The idea of raising tax rates when you want an economic recovery is absurd. That, along with the Fed raising rates and the Smoot-Hawley Tariff, is what deepened and prolonged the Great Depression.

Smokey
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Here’s where corporate socialism will be painstakingly assumed by everyone.

gl
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Good god, look at this morning's market futures... the level of manipulation is embarrassing... pump it up over night in low volume, lightly traded futures so that the whole market looks better over time.

SMH, so so embarrassing

b.w.
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S&P will hit all time high this year.

loveormoney
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This has cascading effect on whole world, please comment

preetSingh-upje
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They won't up corporate tax, it makes way to much sense.

icebergrose
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Fercrisakes cheer up Fink.... don’t listen to the Bankers

hgm
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Sorry, being advisor to trump does not give him clout.

chavruta
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Larry is over Finking too much , been waiting a while to use that joke u know your laughing

Slickpete