Video | BlackRock CEO Larry Fink: Very Bullish on Market Outlook for the Next 12 Months
On July 15, BlackRock CEO Larry Fink stated in an interview with CNBC that despite recent volatility in the South Korean stock market and lingering pockets of leverage risk in some markets, the overall leverage levels are far below those seen in 2008 and are not enough to trigger a global crisis. He specifically mentioned that Bitcoin and the crypto market had previously attracted significant leverage, leading to a necessary deleveraging event. Following this adjustment, the market is now more stable. At the same time, he remains optimistic for the next 12 months, believing that AI and technological advancements will help companies improve efficiency and profitability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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