BlackRock’s Larry Fink: ‘The [Inflation] Genie May Be Coming Out of the Bottle’
‘I think the bond market is the best reflection of what’s going on in the world’
EXCERPT:
FINK: “I think the bond market is the best reflection of what's going on in the world. It is the barometer for every politician, for every central bank. It really informs us every day where the mood of the global economy. And I believe the bond market is indicating that inflation may be higher than we think. The genie may be coming out of the bottle.”
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