Comment on BlackRock's Larry Fink says the US election 'really doesn't matter' for markets

BlackRock's Larry Fink says the US election 'really doesn't matter' for markets

BlackRock's Larry Fink says the US election 'really doesn't matter' for markets.Thos Robinson/Getty ImagesLarry Fink says the US election won't impact markets long-term.Fink said BlackRock has worked with both administrations.Wall Street remains divided on the election's consequences for markets and economy.Larry Fink doesn't think the US election will affect markets much.The BlackRock CEO doubled down on saying the outcome of the US election, which will be decided in two weeks, won't matter in the long run."I'm tired of hearing this is the biggest election in your lifetime," Fink told a conference hosted by the Securities Industry and Financial Markets Association on Monday, in remarks reported by The Financial Times."The reality is over time, it doesn't matter," he added.He said that BlackRock works with both administrations and is "having conversations" with both Vice President Kamala Harris and Republican nominee Donald Trump.Fink reiterated his comments from an interview earlier this month, when he said that US elections rarely make a big impact on markets.

 

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