The
three largest asset management companies in the world have ALL now
warned that the Fed must begin removing it's QE stimulus to stop a
"bubble-like market". Executives of JP Morgan, PIMCO, and BlackRock, who
was the latest to warn of a bubble, are all now on the same page. Larry
Fink is head of BlackRock, the world's largest investment management
company, with more than $178 billion in assets as of 2010.
Meanwhile, the Fed is widely expected to INCREASE it tomorrow, instead!
Note
the verbiage that Fink is using. Words like "imperative",
"over-zealous" market, and "bubble-like markets" are ignored by the the
Fed Heads!
* FINK SAYS IT'S "IMPERATIVE" THAT THE FED BEGIN TO TAPER
* FINK CALLS MARKET `OVER-ZEALOUS'
* FINK SAYS THERE ARE "REAL BUBBLE-LIKE MARKETS AGAIN"
Wednesday, October 30, 2013
DANGER! DANGER! BUBBLE WARNING FROM WORLD'S LARGEST FUNDS!
