Closing Bell: Bank of America CEO on Earnings, Wells Fargo CFO Weighs In, Defense Downgrade 1/13/23
Closing Bell
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BlackRock CEO Larry Fink Says There's More Market Opportunity
BlackRock CEO Larry Fink sees more market opportunity ahead after a solid start to the year for the major averages. Mike Downey: I would be concerned about it and think it might be a head fake if you weren't also seeing, you know, kind of the rank and file of consumer cyclical stocks do well. The fact that you do have yield in safer bonds that you can access pretty easily in a portfolio gives you a little bit of a head start," he says.
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