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Monday, November 4, 2013 Gorman Pops Finks' Bubbles Bubbles? What bubbles? BlackRock [profile] CEO Larry Fink recently made the media rounds declaring that the markets are bubble-like. Now, Morgan Stanley [profile] CEO James Gorman is making his rounds disagreeing with Fink. Gorman recently was interviewed on Bloomberg Television, with a transcript provided by the Seattle Post Intelligencer. On the subject of whether he sees any bubble, Gorman declared:
On the subject of the Fed's quantitative easing, Gorman declared "The reason they're keeping it in place is because the economy is not growing. The economy is not doing what it is supposed to do, which is creating jobs." Printed from: MFWire.com/story.asp?s=46636 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |