BlackRock CEO Larry Fink says it’s ‘imperative’ that the Fed begins to taper. He says markets are ‘over-zealous’ and there are ‘real bubble-like markets again.’
That’s not the kind of stock market endorsement you want to hear from the head of the world’s largest asset manager. He predicted earlier this month that the Fed won’t taper until June so he appears to be trading one thing and calling for another.
-Headlines from BBG
