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CoinGape 2024-04-16 11:47:26

BlackRock Co-founder Predicts Market Comeback, Cites $9 Trillion Cash Pool

Robert Kapito, BlackRock Inc.’s co-founder offers a cautiously optimistic outlook for the market, foreseeing a potential resurgence. In his assessment, he points to the substantial sum of nearly $9 trillion currently held in money market funds and cash alternatives at banks. This considerable pool of capital, according to Kapito, possesses the potential to exert a The post BlackRock Co-founder Predicts Market Comeback, Cites $9 Trillion Cash Pool appeared first on CoinGape .

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