Larry Fink, the CEO of BlackRock, stated that despite various opinions from media and experts, U.S. elections seldom have a significant impact on the market. He noted that every election cycle brings predictions of major market shifts, but such changes do not materialize over time.
Fink emphasized that while it's good that the media discuss elections and people pay attention to them, the reality is that the economy and markets extend far beyond a single election or political action. He added that the ability to respond, adapt, and build is crucial.
BlackRock, the world's largest asset management company, managed approximately $10.6 trillion in assets as of June.
