BlackRock CEO Larry Fink on Inflation, ESG Investing

Published 2022-06-02
BlackRock CEO Larry Fink warns that inflation is not transitory and the Federal Reserve does not have the tools to deal with it right now. Speaking with David Westin on "Bloomberg Markets: The Close," Fink also discusses sustainability investing and his concerns about immigration.

All Comments (21)
  • @martybowen1
    THIS MAN IS DIRECTLY RESPONSIBLE FOR A LOT OF TE PAINS WE ARE EXPERIENCING!!
  • @chemist6851
    Crazy to think that alot of people don’t understand how much power this man and the blackrock company carries, actually insane…
  • Why aren't people outside this man's home(s) and office(s), protesting over his hand in our country's current crisis?
  • @stuartjames1862
    For a few months now I have been searching tirelessly for information on how to start investing. I even paid $400 for a course that I now regret. It appears that there is no structured guide for beginners on how to get started in this realm. I’ve come across several investors making well over $250k/annual and I would be grateful if anyone on here could provide insights on how to get started, identify potential stocks when to make an entry, exit etc
  • @Karyabs
    This man is an expert on how to explain without explaining
  • @Astrobucks2
    He should know inflation isn't going anywhere, he helped create it with shortages in housing (buying up single-family houses) and oil (ESG)
  • This is the most powerful man in the world. We are all his subjects, whether we are aware of it or not.
  • @jneff6456
    Anyone with half a functional brain cell would ignore the commentary of any CEO, Millionaire or Billionaire. They don't make comments for your benefit... but to manipulate your perceptions to benefit them. This is especially true of BlackRock CEO Larry Fink.
  • The nerve of this jew saying inflation is because of "nationalism" and less immigration. Just another day in Weimerica.
  • @CptInsano835
    Isn't BlackRock responsible for buying homes? Aren't they part of the reason housing is so expensive?
  • @kaylawood9053
    Recessions are where millionaires are created. I feel for the older generation, but if you are young or middle age, you should do everything possible to double and triple your invest-ments.
  • I loved it when he says inflation was caused by changes to legal immigration and Nationalism! I want what he is smoking! Hysterical!
  • This man has had the largest impact on pushing up real estate prices through his firm’s artificial demand in buying up blocks of houses and then renting them out. At the same time, he will likely have the largest impact on bringing down the housing market as his firm looks to unload real estate assets in favor of some other asset class. Crazy and a true US only phenomenon
  • @zamfully
    To me it's amazing how out of touch America is with reality and ability
  • @timkopp9763
    The nerve of him to say that SEC should enforce ESG. It’s one thing to use an ESG scoring as a mechanism for your personal investing strategy, but to force the SEC to mandate disclosure is a whole different ballgame.
  • Never heard a less interesting or charismatic person speak