Larry Fink’s Investment Recommendations
Larry Fink, the head of $11.5 trillion asset management giant BlackRock, has recommended that investors consider buying a “big dip” if one occurs in 2025.
Fink has predicted that 2023 will be a turbulent year for the markets due to ongoing tensions related to tariffs. Despite this, he remains optimistic about the long-term outlook, forecasting “a big economic boom” fueled by advancements in technologies like artificial intelligence (AI).
He believes that the US stock market will be bolstered by the country’s technological edge over the coming years.
Earlier today, the S&P 500 saw a sharp decline amid trade tensions and concerns regarding the health of the US economy. Additionally, Bitcoin, which often correlates with other risk assets, dropped to an intraday low of $81,688.
However, Bitcoin has since recovered some of its losses alongside U.S. stocks.
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