BlackRock CEO Fink: US Won’t See Hard or Soft Landing in 2024

  Рет қаралды 155,174

Bloomberg Television

Bloomberg Television

9 ай бұрын

BlackRock Inc. CEO Larry Fink doesn’t expect a hard or soft landing for the US in the year ahead as he sees interest rates remaining higher and says the power of the economy and the consumer “is giving me comfort that the economy is fine.” Fink spoke Tuesday from Riyadh, where he and other finance titans gathered for Saudi Arabia’s Future Investment Initiative conference, nicknamed “Davos in the Desert.”
--------
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: www.bloomberg.com
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness

Пікірлер: 198
@antoniosimon3458
@antoniosimon3458 9 ай бұрын
I love it when people like Fink come out to say "everything is fine", makes me feel really reassured...
@cameronr9513
@cameronr9513 9 ай бұрын
They don’t want a run on the banks. It’s so sad that this is the only way to keep our economy afloat, is by misleading the very people who are keeping it running. But they can’t keep lying to us forever.
@DrewAk49
@DrewAk49 5 ай бұрын
He means to say that he will be fine.
@fabfrenchies1974
@fabfrenchies1974 2 ай бұрын
You should be scared, they are bad for most of society, not because of wanting to be but they're are strip mining the middle and lower class like a game of battleship!
@allbassnoass662
@allbassnoass662 9 ай бұрын
This guy controls so much. He literally makes the fear, makes money on it. Sells the solution, makes money on it. This guy has more power than most politicians collectivly
@alkachaz-ej6cv
@alkachaz-ej6cv 9 ай бұрын
He's just out here doing typical jew shit...
@SamTenkan
@SamTenkan 8 ай бұрын
I don't agree with you. The 9+ trillions his company is managing (mainly ETFs)are not his own money and he can not use them like he wants.
@fabfrenchies1974
@fabfrenchies1974 2 ай бұрын
@@SamTenkan He owns more than that, even Blackrock as a whole owns more that what you can google. It is in fact so much more it is staggering and one of the reasons for home prices rising. Reports on these peoples earings are smoke and mirrors.
@rexmundi273
@rexmundi273 9 ай бұрын
If he says no hard landing, brace for one.
@Ultrajamz
@Ultrajamz 9 ай бұрын
If he’s right its because they keep it on ice for after the election
@elrevesyelderecho
@elrevesyelderecho 9 ай бұрын
0:25 So, printing money was the roots of the inflation. Thanks Larry for saying what anyone with 101 Economics knowledge knew and the media as denied for years.
@AlgoNudger
@AlgoNudger 9 ай бұрын
*QE-Infinity* to be exact. 😂
@elrevesyelderecho
@elrevesyelderecho 9 ай бұрын
@@AlgoNudger Yes. Where are those Nobel Prize economics calling for it?
@ssuwandi3240
@ssuwandi3240 9 ай бұрын
In a nutshell Eurodollar has failed. Foreigners have bolted the ESG premise. PsyOp Fink
@Veroxz1896
@Veroxz1896 9 ай бұрын
@@ssuwandi3240 true, eurodollar is done in the next 10 years. The collapse will be movie like
@fabfrenchies1974
@fabfrenchies1974 2 ай бұрын
Larry isn't helping, he or his company are just as bad for society.
@raybustos4987
@raybustos4987 9 ай бұрын
In other words, the Rich stay Rich and the Poor die sad.
@unknowndriver6652
@unknowndriver6652 9 ай бұрын
The rich also died
@raybustos4987
@raybustos4987 9 ай бұрын
@@unknowndriver6652 umm, no
@morrazzo4432
@morrazzo4432 7 ай бұрын
I salute Bloomberg 's guts to keep comments section turned on
@jayhay1237
@jayhay1237 9 ай бұрын
But the news called the increase in deficit spending a "inflation reduction act"? Our " free" press wouldn't lie to us?
@JohnDaniels
@JohnDaniels 9 ай бұрын
We are getting poorer precisely because a narrow elite has organized society for their own benefit at the expense of the vast mass of people. Political power has been narrowly concentrated, and has been used to create great wealth for those who possess it.
@matmolin
@matmolin 9 ай бұрын
And i will add: print money is not the real cause, the real cause is that the largest part of the printed money went directly to the richest people.
@farzand_e_izhar
@farzand_e_izhar 9 ай бұрын
Hehe easiest way to escape the liability of your personal failure, could have worked your ass off and gotten rich like Musk
@jozzieification
@jozzieification 9 ай бұрын
Bla-bla-bla capitalism is very simple. Work hard. Be smart. Get rich. As bill gates once said “if you meet someone who thinks society is the enemy, know that this man is a poor man”.
@matmolin
@matmolin 9 ай бұрын
@@jozzieification Tell that to most billionaires who have never worked hard a day in their lives, and to the millions of people in my country who wake up at 4 am, endure nearly 3 hours of public transportation, and start work at 7 am. They still have to fear being laid off, and they also have to take care of their families when they get home after a long day of work and stress, all to earn 1-2 minimum wages. Tell them they don't work hard.
@matmolin
@matmolin 9 ай бұрын
@@jozzieification capitalism has shown its a failure, dont get some exceptions to prove a point, get the median.
@user-fh7fo3pe5y
@user-fh7fo3pe5y 5 ай бұрын
Question should have been “Are you manipulating a hard or soft landing for the US?”
@jocko4598
@jocko4598 9 ай бұрын
In other words: "I don't have any idea what's going to happen." Got it, Larry. You don't know, just say it.
@theholyregime7131
@theholyregime7131 9 ай бұрын
Nobody knows what’s going to happen.
@slick3996
@slick3996 4 ай бұрын
as if anybody knows lol
@the_expidition427
@the_expidition427 2 ай бұрын
@@theholyregime7131 Stagflation the worst of all outcomes
@devongalland5353
@devongalland5353 9 ай бұрын
The face of pure evil
@titusp9488
@titusp9488 9 ай бұрын
We have quadrupled our national debt, we got inflation and interest rates… we have global trade wars and now … everything would be fine… wait maybe not … fink is nuts
@kriss72356
@kriss72356 7 ай бұрын
He can say what we can and can’t expect for years to come because he’s the cause of it
@Yo_Kelz
@Yo_Kelz 9 ай бұрын
All that money and power at a single table. Wish i was there lol
@benjaminwillard2394
@benjaminwillard2394 9 ай бұрын
Early life and education. Fink was born on November 2, 1952. He grew up as one of three children in a Jewish family in Van Nuys, California, where his mother Lila (1930-2012) was an English professor and his father Frederick (1925-2013) owned a shoe store. He earned a BA in Political Science from UCLA in 1974.
@glassycreek1991
@glassycreek1991 5 ай бұрын
and now he is displacing californians. Real community man. He is evil
@saabTacticalhapCGH
@saabTacticalhapCGH 9 ай бұрын
in australia interest rates have been promised on loans to be up to 1,000 percent return.
@octaviodovalle6550
@octaviodovalle6550 9 ай бұрын
It’s not that he’s an idiot, he’s a puppet to the evil control that has the world by the neck
@2011hwalker
@2011hwalker 9 ай бұрын
lol the grand conspiracy nonsense, nah the world is and always has been controlled chaos. There is no master plan you dolt.
@jaytee2286
@jaytee2286 9 ай бұрын
And what are they investing in ? BITCOIN
@jakubkouo
@jakubkouo 9 ай бұрын
He's one of the most influential people on this planet..
@octaviodovalle6550
@octaviodovalle6550 9 ай бұрын
@@jakubkouo he is a figure head for the world banks. He holds that position like Joe Biden does the presidency. If you don’t get what I’m saying then I’m the idiot because I’m trying to enlighten a twitter bot
@shanerogers9386
@shanerogers9386 9 ай бұрын
@@jakubkouohe influenced the housing market and robbed wealth and prosperity from millions of families and figure generations. You might call it a crime against humanity.
@lokesh303101
@lokesh303101 9 ай бұрын
If they do nothing or not expecting any return then there could be a Hard Landing, but otherwise there could be a Soft Landing.
@joshhurst9932
@joshhurst9932 9 ай бұрын
The O.G. of lying with a straight face.
@MozerDozer404
@MozerDozer404 9 ай бұрын
🤣
@Winnspeed
@Winnspeed 9 ай бұрын
Steins Law “If something cannot go on forever, it will stop.” Let’s see how far we can push our debt. I’m guessing not forever.
@rickdeckardbladerunner2049
@rickdeckardbladerunner2049 7 ай бұрын
Correct. The new digital dollar will fix everything. Lol
@Winnspeed
@Winnspeed 7 ай бұрын
Hopefully I can get a Bitcoin credit card 😂
@rickdeckardbladerunner2049
@rickdeckardbladerunner2049 7 ай бұрын
​@@Winnspeedna, the govt needs to track you, with bitcoin they can't. Hence the need to the US digital currency. They need to track and stop the private bitcoin revolution.
@aminasfia2908
@aminasfia2908 9 ай бұрын
The U.S. dollar holds the status of a global reserve currency. Those who have the authority to produce dollars also wield influence in other nations. In my view, the process of decentralizing the dollar began with the onset of the conflict between Russia and Ukraine. The geopolitical issues arise from the dollar's use as a tool for applying pressure, such as through the imposition of sanctions.
@user-yn7no7bn1v
@user-yn7no7bn1v 9 ай бұрын
This dude own 9 trillions and he can't do shit for human civilization
@thelastbison2241
@thelastbison2241 8 ай бұрын
Would you put all your savings into a bank that can seize it at any moment and runs a -2.5-14% GDP deficit per annum since 1970 with only 1998-2001 producing a surplus with trade even worse and a (potential) political opponent if not enemy (politician's words not mine)?
@brandontinker5921
@brandontinker5921 6 ай бұрын
Guess what company made all the money and has gotten thirty percent of the Ukrainian farmland since the Ukraine Russian war began
@Paggen
@Paggen 8 ай бұрын
0:53 Freudian slip lmao
@slick3996
@slick3996 4 ай бұрын
? it's literally the title of the video
@janepizalli373
@janepizalli373 9 ай бұрын
Straight from the devils mouth!
@dannypowers4995
@dannypowers4995 9 ай бұрын
Again, these are normal rates. High rates would be north of 10% .
@JohnSmith-gc7dp
@JohnSmith-gc7dp 9 ай бұрын
Normal rates not normal prices
@RobEGR19
@RobEGR19 8 ай бұрын
Historically when only looking at the rates then yes you’re correct. However, the other side of the coin is the level of debt. At over 33 trillion of debt that makes even historically low interest rates a huge challenge.
@jeffkukkee
@jeffkukkee 9 ай бұрын
A "Landing" implies that there is a bottom to the deep dark abyss.
@stevegwilliams
@stevegwilliams 9 ай бұрын
Black rock need to be shutdown
@cennamo66
@cennamo66 9 ай бұрын
What he is saying is that the huge government spending is keeping the economy afloat in spite of high interest rates. And this will keep going until…he did not say. Until obviously something will break in the system and then it will be Armageddon.
@saabTacticalhapCGH
@saabTacticalhapCGH 9 ай бұрын
what is coming of the food market and FATF in shanghai coastal city, in regards to american media and their prodding at chinease asain russian inuit communities as well as french polynesians indonesians.
@faisalfarah755
@faisalfarah755 9 ай бұрын
impressive roundtable
@AlgoNudger
@AlgoNudger 9 ай бұрын
Davos or Jackson Hole in the Desert? 😂
@user-qn6dn1ht4j
@user-qn6dn1ht4j 9 ай бұрын
Perfectly apt name,
@gamergossip6932
@gamergossip6932 7 ай бұрын
“The end of democracy and the defeat of the American revolution will occur when our government falls into the hands of lending institutions and moneyed incorporations” -Thomas Jefferson
@EXCLUSIVE2119
@EXCLUSIVE2119 9 ай бұрын
If u don’t know about commerce then how u operating it in ??
@user-ds7ll4bv5x
@user-ds7ll4bv5x 9 ай бұрын
Says Mr ES&G
@sagancobra6402
@sagancobra6402 5 ай бұрын
At 09:39 i knew i was being front ran. Its the 28th of march now, and all markets are almost at ATH
@seanneumann5790
@seanneumann5790 9 ай бұрын
This guy and his company are traitors
@ProckerDark
@ProckerDark 2 ай бұрын
They are not traitora They are serving their people, the problem is their people aren't american like you
@shanemack06
@shanemack06 9 ай бұрын
its almost like it was all designed to fail from the beginning....?
@kingflipptheog
@kingflipptheog 6 ай бұрын
It was, the entire concept of “America” was birthed from a pyramid scheme-like mentality. The creation of America is now being used as the blue print (on a much smaller scale) for Arabian imperialist like the sheiks in Dubai and Bahrain who are currently in the process of transforming the desert into modern day cities of Atlantis. I would be willing to bet that All of the funds that make up the American debt can be traced to Kuwait. Why do you think Saddam invaded Kuwait back in 1990? Because he found out that Daddy Bush and all of his his co-conspirators where embezzling cold hard cash from America and stashing it in the small complicit country called Kuwait right next door. If you do a quick Google search of the most powerful currency in the world you will find that it is the Kuwaiti Dinar. Now ask yourself how this small, insignificant, middle eastern country got in this position, then ask yourself why daddy bush felt like America do badly needed to come to their rescue against saddam?
@timhet200
@timhet200 9 ай бұрын
Agree with Larry. No collapse anytime soon. Second half of decade not so certain.
@wendyfletcher5554
@wendyfletcher5554 9 ай бұрын
This man is not being honest
@Ampermetras
@Ampermetras 7 ай бұрын
V shape recovery, or inflation transitory, I don't see problem, just everything bubble about to burst
@alwaysrelyonchrist
@alwaysrelyonchrist 9 ай бұрын
These guys are beyond delusional
@user-rd3cz2bi4o
@user-rd3cz2bi4o 6 ай бұрын
"deficit" or "'debt"?
@shonzhankin5411
@shonzhankin5411 9 ай бұрын
Max 40 trillion debt and 1 trillion Repo. Approximately within 6-9 months of the range, then straight to the bottom and WAR to increase spending up to 80 trillion.
@luxboss2388
@luxboss2388 9 ай бұрын
I think ww3 will make America debt even worse do you think that’s what’s planned?
@DrewAk49
@DrewAk49 5 ай бұрын
Dude, could pay of the deficit himself...
@TradeUrso
@TradeUrso 6 ай бұрын
banks invest in ETFs but do not have bitcoin stocks in their portfolio
@swedesam
@swedesam 9 ай бұрын
Why would Larry care at all when he's completely set for the rest of his life.
@Z07437
@Z07437 6 ай бұрын
It's interesting that the day after I called you out my entire region almost loses their jobs
@sagancobra6402
@sagancobra6402 7 ай бұрын
Man all markets are hitting ATH. Why this hawkish?
@FullTilt89
@FullTilt89 8 ай бұрын
We need our representative to ban institutional investors and non US citizens from buying single family homes.
@the_expidition427
@the_expidition427 2 ай бұрын
Stagflation the worst of all outcomes
@robertgrant4243
@robertgrant4243 9 ай бұрын
I wouldn’t trust this guy. His greening of our country is behind a lot of trouble
@StSattan
@StSattan 8 ай бұрын
Once you drop i dont see your pick up at all. By who?
@SK-xw2hu
@SK-xw2hu 6 ай бұрын
What a Fink!
@8randomprettysecret8
@8randomprettysecret8 3 ай бұрын
Here for the comments. 🍿
@sagancobra6402
@sagancobra6402 7 ай бұрын
Remember this guy made a similar bet in 1986. Lost $100 M. Interest rates will come down. Our Ponzi way of life depends on it.
@reginadeandrade9718
@reginadeandrade9718 9 ай бұрын
The economy will always be fine for the rich 🤑
@hkmorhsi
@hkmorhsi 8 ай бұрын
Literally built his 9 trillion dollar fund on retirements. He is cooked like all of Wall Street
@Paradoxisthefingerprintofgod
@Paradoxisthefingerprintofgod 9 ай бұрын
You seem to forget we own most of the developed world.
@ferencmondik31
@ferencmondik31 9 ай бұрын
Until You don't.
@SANJ0288
@SANJ0288 6 ай бұрын
0:28
@FundspalWealthManagement
@FundspalWealthManagement 9 ай бұрын
Now market will crash for sure tomorrow
@AmazianLinsation82
@AmazianLinsation82 9 ай бұрын
In other words, useless comments
@dustoin1386
@dustoin1386 9 ай бұрын
Buy bitcoin while you still can.
@bobbobbington3615
@bobbobbington3615 3 ай бұрын
He'll see to that, I'm sure.
@DevPythonUnity
@DevPythonUnity 8 ай бұрын
so this is the dude that wants to turn my children gay or transexual
@nikhilgoyal007
@nikhilgoyal007 8 ай бұрын
His company is long over $8T. do you really think he is going to say we will have a hard landing now ? lol
@indobalkanizer6557
@indobalkanizer6557 8 ай бұрын
This guy seems to be infamous and that’s why comments are biased to generalize his carefully worded statements. So, from a neutral perspective, what this man said is pragmatic. To put it simple, he said that there won’t be any hard landing but there won’t be any soft landing either because the Feds need to raise the interest rates in order to avoid hard landing and that the fiscal stimulus has neutralised aggravating situation for now to an extent but that’s also a part of inflationary track!
@Susieq26754
@Susieq26754 4 ай бұрын
Daniel 4 28 All this happened to King Nebuchadnezzar. 29 Twelve months later, as the king was walking on the roof of the royal palace of Babylon, 30 he said, “Is not this the great Babylon I have built as the royal residence, by my mighty power and for the glory of my majesty?” 31 Even as the words were on his lips, a voice came from heaven, “This is what is decreed for you, King Nebuchadnezzar: Your royal authority has been taken from you. 32 You will be driven away from people and will live with the wild animals; you will eat grass like the ox. Seven times will pass by for you until you acknowledge that the Most High is sovereign over all kingdoms on earth and gives them to anyone he wishes.” 33 Immediately what had been said about Nebuchadnezzar was fulfilled. He was driven away from people and ate grass like the ox. His body was drenched with the dew of heaven until his hair grew like the feathers of an eagle and his nails like the claws of a bird.
@StephanieEnnis-uu8wt
@StephanieEnnis-uu8wt 9 ай бұрын
Farming and housinh
@naj8785
@naj8785 9 ай бұрын
He said nothing
@youcanchangereality
@youcanchangereality 9 ай бұрын
Well thanks to the state of the economy, my $60,000 I've invested in BTC has just skyrocketed, so you folks are missing out lol
@ef4768
@ef4768 8 ай бұрын
Its over
@mahesh_sagar1
@mahesh_sagar1 9 ай бұрын
Cant believe Larry Fink has the power to create Biblical Damages with his decisions without any personal accountability 😑
@Z07437
@Z07437 6 ай бұрын
You'll be hearing from my attorney Larry. You are not above the law
@ProckerDark
@ProckerDark 2 ай бұрын
Why isn't he wearing a small hat, or that would be make too obvious?
@peanutbutter3241
@peanutbutter3241 9 ай бұрын
Ef that guy. Pay your fair share of taxes!
@sivtech
@sivtech 8 ай бұрын
biggest recession in 2025
@freestylefranc2653
@freestylefranc2653 9 ай бұрын
😂
@harisshah-pj2qw
@harisshah-pj2qw 8 ай бұрын
hey fink, ceasefire in Gaza now ad a humann😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 from🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰
@joshfrench6426
@joshfrench6426 9 ай бұрын
HAHAHAHAHAHA
@That_Freedom_Guy
@That_Freedom_Guy 7 ай бұрын
FLICK OFF ! 😅
@Ilgranderomano
@Ilgranderomano 9 ай бұрын
wow Larry 10 trillion dollars is impressive! But hey the Sun still doesn't shine on you and the doors of Eternity are closed to you. What will we write on your grave? “This is where the story of the 10,000 billion dollar man ends”? Capitalism has two hopes, that of making you rich and that of you dying rich. See you soon 🌛😀🌞
@emilianzaharia5471
@emilianzaharia5471 9 ай бұрын
Con
@bryanbelanger6431
@bryanbelanger6431 9 ай бұрын
Pay your taxes monopolist
@Nanster-gv8nf
@Nanster-gv8nf 9 ай бұрын
If you see it on a graph, the debt began skyrocketing right after Obama was elected.
@fray3dendsofsanity
@fray3dendsofsanity 8 ай бұрын
to bail out the banks that were responsible for crashing the economy that occurred right before his election. Are we also gonna ignore the $5 trillion spent on the disaster that was the Bush-led Iraq war? Or the tax cuts that enriched the wealthy and blew a deficit hole? This isn't a problem that one President is responsible for. Bush and Trump are also responsible for a huge chunk of the deficit through tax cuts of the rich (disguised as tax cuts for the average American that turned out to be untrue)
@vanessaterwort3312
@vanessaterwort3312 8 ай бұрын
👎
@pindhasingh422
@pindhasingh422 9 ай бұрын
Illuminati
@davidblick2192
@davidblick2192 9 ай бұрын
Read the Bible for ultimate answers.
@jeanbethencourt1506
@jeanbethencourt1506 9 ай бұрын
Jew.
@ArtOfTheCarbine
@ArtOfTheCarbine 9 ай бұрын
I'd love to see a 77 gr OTM open up this man's mind for everyone to see.
@ForwardAway-zs1iw
@ForwardAway-zs1iw 9 ай бұрын
The economic is fine...
@user-ul3hk6hf2e
@user-ul3hk6hf2e 9 ай бұрын
Fink? There, there is one of your jew masters, Americans!
@nexus-qb3bu
@nexus-qb3bu 9 ай бұрын
Yep. Just listen to the way he talks and you can see there's no knowledge in him. Just pure greed and Cri mi nal mentality. Btw, he's coming to cast rate your sons, America
@roxannezahuranec6619
@roxannezahuranec6619 Ай бұрын
THIS GUY IS MANKINDS ENEMY
@phillipjohnson1459
@phillipjohnson1459 9 ай бұрын
LIAR
🤔Какой Орган самый длинный ? #shorts
00:42
Получилось у Миланы?😂
00:13
ХАБИБ
Рет қаралды 3,7 МЛН
Дарю Самокат Скейтеру !
00:42
Vlad Samokatchik
Рет қаралды 9 МЛН
BlackRock's Big Infrastructure Deal
8:57
Bloomberg Television
Рет қаралды 133 М.
‘Naïve’ to think Russia will lose war, says Dr Jordan Peterson
6:59
Sky News Australia
Рет қаралды 4,9 МЛН
Bridgewater’s Ray Dalio Talks Money, Debt, and US Political Landscape
25:36
Inside Mark Zuckerberg's AI Era | The Circuit
24:02
Bloomberg Originals
Рет қаралды 1,2 МЛН
BlackRock's Fink Says GIP Deal Is 'Perfect Partnership'
8:04
Bloomberg Television
Рет қаралды 67 М.
BlackRock CEO Larry Fink: This is a crisis in the world today
12:19
How BlackRock Became The World's Largest Asset Manager
14:19
CNBC
Рет қаралды 2,8 МЛН
BlackRock's Fink: Long-Term Investing Is the Way to Go
2:34
Bloomberg Television
Рет қаралды 22 М.
🤔Какой Орган самый длинный ? #shorts
00:42