LARRY FINK: Screw QE3 -- We Don't Need It -- And Stocks Are About To Soar
BlackRock CEO Larry Fink was just on CNBC.
Here's what he said:
He's bullish on equities and he doesn't think we need QE3.
"I don't see any reason to think we need a QE3."
Expectations this year were too high, he says.
businessinsider.com
The Federal Reserve would not be able to start a third round of quantitative easing after the second round expires at the end of this month, Pimco's co-chief investment officer Bill Gross said.
The members of the central bank's open market committee are "balanced but divided," Gross, manager of the world's largest bond fund, said on Wednesday in a speech at the Morningstar fund conference. "It will be difficult to initiate a QE3."
cnbc
BlackRock CEO Larry Fink was just on CNBC.
Here's what he said:
He's bullish on equities and he doesn't think we need QE3.
"I don't see any reason to think we need a QE3."
Expectations this year were too high, he says.
businessinsider.com
The Federal Reserve would not be able to start a third round of quantitative easing after the second round expires at the end of this month, Pimco's co-chief investment officer Bill Gross said.
The members of the central bank's open market committee are "balanced but divided," Gross, manager of the world's largest bond fund, said on Wednesday in a speech at the Morningstar fund conference. "It will be difficult to initiate a QE3."
cnbc
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