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The world's largest money manager BLACKROCK-FINK, CEO warns -Dark Shadows Looming Markets

MARKETWATCH
By Matt Egan February 08, 2017 19:00PM EST

Donald Trump recently lavished praise on Larry Fink for growing the president's fortune. But the BlackRock boss isn't exactly returning the compliment.
Fink warned on Wednesday he sees "a lot of dark shadows" that could rattle global markets in the coming months. That's quite a warning, coming from the CEO of the world's largest money manager BlackRock (BLK), which controls more than $5 trillion in assets.
Fink joins a growing list of corporate leaders and Wall Street analysts to raise concerns about the timing of Trump's agenda and the markets' overly-optimistic expectations for it.

This week, Irene Rosenfeld, the CEO of Oreo maker Mondelez (MDLZ) expressed worry about "significant disruption and uncertainty" from the "backlash against globalization," and Goldman Sachs warned about the potential negative effects of restrictions on trade and immigration.
Speaking at the Yahoo Finance All Markets Summit, Fink also specifically cited the "breakdown of globalization" signaled by Brexit and Trump's election.
Fink is concerned about businesses putting major decisions on hold as they seek more clarity on the timing and details of Trump's plan to stimulate the American economy through tax cuts, infrastructure spending and regulation-busting.