Larry Fink stated that the outcome of the US election wouldn't significantly impact the markets in the long run, despite the prevailing sentiment of its urgency.
"I'm tired of hearing this is the biggest election in your lifetime," Fink emphasized, reflecting his belief that market reactions to elections are largely overstated over time.
Fink noted that BlackRock engages with both political parties, maintaining a neutral position while managing $11.5 trillion in assets, indicating the company's adaptability regardless of electoral outcomes.
The firm faces backlash from both Republicans over its ESG investment strategies and has ties to political figures from both parties, raising questions on its political influences.
Collection
[
|
...
]