It is a little hard not to pay attention when a hugely successful investor suggests a 100% weighting to anything.
Fink’s comments include:
- The market is too focused on Greece noise; it will be worked out because it has to be.
- He is very bullish on stocks but expects lots of volatility.
- The ECB is basically doing exactly what Bernanke has done, provide liquidity and stability pricing, allowing the market to settle down.
- The ECB will likely continue to ease and steepen the yield curve to help bank profits.
- Expects Chinese leadership will want to exit on a high note, so he thinks China will surprise with its growth.
Fink’s comments include:
- The market is too focused on Greece noise; it will be worked out because it has to be.
- He is very bullish on stocks but expects lots of volatility.
- The ECB is basically doing exactly what Bernanke has done, provide liquidity and stability pricing, allowing the market to settle down.
- The ECB will likely continue to ease and steepen the yield curve to help bank profits.
- Expects Chinese leadership will want to exit on a high note, so he thinks China will surprise with its growth.