BlackRock's Fink Warns of 'Too Much Optimism' in Markets

(Bloomberg) -- BlackRock Chief Executive Officer Laurence D. Fink warned there is “way too much optimism” in financial markets as he predicted repeats of the market turmoil that roiled investors this week.

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Comments (1)
CEO Laurence D. Fink was brilliant in my opinion. Clearly neither he nor CEO Lloyd Blankfein knows where the market is headed. But Fink seemed to be telling the world's monetary and fiscal managers that the market could use more stimulus. There is no reason for Blankfein to tell the same audience that they need not worry about market corrections. Keep that QE pumping, baby! Keep the markets moving up! You gotta love Fink's speech and despair Blankfein's.
Posted by David W | Saturday, February 01 2014 at 12:26PM ET
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