Larry Fink And The Death Of Equities

On February 8 BlackRock Inc. (NYSE:BLK) chief Larry Fink talked on Bloomberg TV about why he was bullish on stocks. At the time the market was going through a huge rally as European fears drifted out of investor's minds and US economic recovery looked like it was finally coming around.

We're in a much different position now. Europe is back on the table again, recovery doesn't seem to be as quick or as thorough as it was in the Spring. There's huge problems in China and the BRIC block in general isn't growing as well as everybody expected. We've been...