The Chart Larry Fink Thinks Is “Horrifying”…”the herd is rarely right…”
by Tyler Durden
ZeroHedge.com
Feb 10, 2017
This is the chart that “horrifies” the CEO of the world’s largest asset manager. This is the chart that has Larry Fink “seeing dark shadows in the market.” Given the average investor’s mainstream-media-trained hive-mind, we suspect some will be surprised by his choice…
As we detailed yesterday, “I see a lot of dark shadows,” Fink said at the Yahoo event quoted by Reuters. “The markets are probably ahead of themselves.”
In fact, rising consumer confidence in a time of record stock prices and deflationary pressures is what BlackRock Chief Executive Larry Fink calls “horrifying.”
The Rest…HERE
