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Blackrock CEO: equity market has rallied but global economy still in descent – Metro US

Blackrock CEO: equity market has rallied but global economy still in descent

FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, stands
FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, stands at the Bloomberg Global Business forum in New York

RIYADH (Reuters) – Blackrock Chief Executive Larry Fink on Thursday said the global economy remains in descent though equity markets have rallied considerably.

He was speaking during an online conference.

(Reporting by Marwa Rashad, writing by Alexander Cornwell;Editing by Elaine Hardcastle)