BlackRock saw huge outflow before last weeks plunge

www.cnbc.com/2018/10/16/blackrock-ceo-larry-fink-we-saw-huge-outflows-before-last-weeks-plunge-due-to-more-fear-among-investors.html

Basically the fear rising wages would squeeze company margins. Then my own take is what happens if/when tariffs related increases really hit? Especially if Chinese imports get hit with 25% (though China is devaluing somewhat to soften this IMHO). The bigger question is what does the Fed do as non-energy prices rise in the future?

 

h/t IronyElSupremo

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