Good news for the American stock market

19.04.2021

The head of the world’s largest investment company BlackRock Fink said in an interview that he sees a bright future for the US stock market.

“I am incredibly bullish,” Fink said, referring to the bullish trend in the stock market, as the upward trend is called. According to the financier, in the near future he expects further growth of the main indices – even though most of them are already at values close to record.

This will be largely facilitated by the authorities’ stimulus measures: a new $1.9 trillion aid package from the government announced by US President Biden, and an ongoing quantitative easing program (buybacks from banks of government and commercial bonds) from the Fed.