Daily Economic Indicator: BlackRock CEO is bullish on economy

06/3/2010 | Oregonian (Portland), The

Larry Fink, CEO at BlackRock, said that the improving fundamentals of the U.S. economy were being hindered by uncertainty over the sovereign-debt crisis in Europe, but that it is "ready to rock and roll." He also said that the economy had reached a pivotal point and that second-quarter earnings would likely be stronger than estimated.

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Oregonian (Portland), The

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