Blackrock's Larry Fink Recommends Investors Be 100% in Equities

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Feb 08, 2012
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.