Larry Fink, founder and CEO of the world’s largest asset manager who oversees nearly $7 trillion at BlackRock, announced in his annual letter that BlackRock will make investment decisions with environmental sustainability as its core goal. He sat down with CNBC’s Andrew Ross Sorkin to discuss what went through his mind when writing this year’s letter. Here is a direct video link.
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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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