Laurence Fink, chief executive officer and co-founder of BlackRock, said investors should have 100% of their investments in equities because of valuations and higher returns than bonds.
Investors who seek the safety of treasury bonds will have minimal returns and will not be able to meet their needs with the Fed expected to keep interest rates low, Fink told Bloomberg. In contrast, he highlighted the fact equities are trading at their lowest valuations in 20 or 30 years. "I don't have a view that the world is going to fall apart, so you need to take on more risk," he said in an interview with Bloomberg Television in Hong Kong. "You need to overcome all this noise. When you look at dividend returns on equities versus bond yields, to me it is a pretty easy decision to ...
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