Description: BlackRock Inc. BLK, +3.25% Chief Exeuctive Larry Fink says that with stocks knocking on the door of records, a surge to the upside appears more likely than a market collapse. That is because so many investors still have lots of cash to put to work, the head of the world’s largest asset manager told CNBC in a Tuesday interview.
Source: MarketWatch.com
Date: Apr 16, 2019
Questions for discussion:
- What is a “melt-up”?
- What is the basis of the prediction?
- Do you think this is likely?
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