Sunday, October 1, 2023

BlackRock's Mr. Fink Discussion Recession, Fear and Debt

Mr. Fink discusses a number of changes in the market and some of the changes. More aggressively toward technology and productivity. There is adaptation in business and in the market in general. He believes fear and lack of hope are shifting the market on a significant level. 

All I can say that I hope that we don't go through recession but I do hope technology improves labor value and output in a way that enhances lives. Most of the things he says I can agree with but might disagree on extent. 

I will agree that innovation is going to come from faster patent processes and adaptation of research.

He mentioned structural inflation. You can see an example presented in What is structural recession?

No comments:

Post a Comment