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Larry Fink, CEO of Blackrock, the worlds largest fund manager says the Fed's delay on tapering is now creating bubbles in various markets
Larry Fink, CEO of Blackrock, the worlds largest fund manager says the Fed's delay on tapering is now creating bubbles in various markets. We've seen real bubble-like markets again. We've had a huge increase in the equity market. We've seen corporate-debt spreads narrow dramatically, It's imperative that the Fed begins to taper. Policy makers will probably delay slowing the stimulus until March, according to a Bloomberg survey of economists conducted Oct. 17-18. (VIEW LINK)
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Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
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