Video|BlackRock CEO Larry Fink: Very optimistic about the market outlook for the next 12 months

On July 15, Larry Fink, CEO of BlackRock, said in a CNBC interview that although South Korea’s stock market has recently seen intense volatility and some parts of the market still carry leverage risks, the overall leverage level is far lower than in 2008 and is not enough to trigger a global crisis. He specifically noted that Bitcoin and the crypto market previously attracted a large amount of highly leveraged capital, so they must undergo a de-leveraging and cleanup phase; after adjustments, the market is now more stable. Meanwhile, he remains optimistic about the next 12 months and believes that AI and the technology revolution will help companies improve efficiency and profit margins.
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