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BlackRock CEO Larry Fink: There Is Now a Marriage Between Main Street and Wall Street

‘When America has a cold and when there’s issues of uncertainty and where we are taking our economy and we see this pullback and we see this huge volatility, it impacts main street’
By Grabien Staff

EXCERPT:

FINK: “It was horrible because there’s — more and more people have invested in the markets. And to say that Main Street is over here and Wall Street is over here, that’s wrong. We’ve gotten married — in many cases it’s a good thing because more and more Americans have enjoyed over the last 10 years this big upsurge in the value of companies and America’s dominance and the opportunity to be a part of the growth of America. But when America has a cold, and when there is issues of uncertainty in where we are taking our economy, and we see this pullback and we see this huge volatility, it impacts Main Street.”

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