
Fink said leverage remains far below 2008 levels, including after a crypto washout, and that AI and broader technological change support his positive 12-month market outlook despite volatility in South Korean equities.
BlackRock CEO Larry Fink said he is "very bullish on the markets over the next 12 months," arguing that AI and broader technological change should support stronger corporate profit margins. He said market leverage remains well below 2008-2009 levels, added that recent volatility in South Korean equities does not appear likely to trigger a global crisis, and said Bitcoin and the broader crypto market look more stable after excessive leverage was washed out.