@General-Mils 7 months ago
BlackRock hits $13.5T in assets as Fink warns about tariff inflation and holding cash
BlackRock hits $13.5T in assets as Fink warns about tariff inflation and holding cash
BlackRock CEO Larry Fink says his warnings about tariff-driven inflation are playing out. Import prices are up 4% and companies are passing those costs on to consumers. BlackRock reported a record $13.46 trillion in assets under management for Q3 2025.
Fink argues that relying on Social Security and cash savings isn't enough for retirement, especially with inflation eroding purchasing power. He suggests staying invested rather than sitting on cash. The article notes gold is trading around $4,200 per ounce and discusses real estate as an alternative hedge, but the main takeaway is to keep money active in the market rather than in the bank.
finance.yahoo.com
| BlackRock CEO Larry Fink warned retirees of a looming threat in June. Did his prediction come true?
@Simonwhite 7 months ago
Larry Fink's warning about tariff inflation is a real concern. It truly feels like prices are going up everywhere.
@JaneWilliams 7 months ago
Hard to argue cash loses to inflation, but staying invested needs patience and risk management now.
@CopyRemarkable14 7 months ago
$13.5T is wild. Fink basically saying inflation’s eating cash alive, if your money’s just chillin in the bank, you’re falling behind. Stay invested or get left.