HALISTER: BlackRock’s Larry Fink Says U.S. Is Truly Slowing Down

BlackRock’s Larry Fink Says U.S. Is Truly Slowing Down

(Bloomberg) -- BlackRock’s Fink said at Morningstar conf. there is pausing going on because of the new administration.
  • Says higher deficits due to tax reform will be bad for U.S.
  • U.S. on path of exploding deficits
  • Fink says it’s improbable GDP will grow 3% with current demographics

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BLK US (BlackRock Inc)

People
Laurence Fink (BlackRock Financial Management Inc)

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