Stock market would see ‘setback’ if Trump tax package fails, says BlackRock’s Fink
October 24, 2017 at 10:16 AM EDT
Very little in the way of tax cuts is “baked in” stock prices, says Larry Fink, chairman and chief executive of asset manager BlackRock, in a television interview. Passage could spark “another leg up” for the market, while failure could spur a “major setback,” he says.