Comments by "" (@tensevo) on "BlackRock's Fink Says Trade Tensions May Sink Stocks" video.

  1. Fink is a highly measured and nuanced approach. Please point out the bit where he says "Trade Tensions May Sink Stocks". I watched the whole interview on Bloomberg and got - trade concerns are largely built in to the markets given he expected 10+% rise this year where market is flat due to cash being a valid option in portfolio. I did not sense or detect Fink bearish on the economy AT ALL, which is what the title suggest. He comes across entirely neutral and expected the market to be up given strong fundamentals. The interviewer push him to say he was more uncertain than 20 years ago - He said No. When pushed to comment on global trade wars, he say if it escalates to a full trade war, we may be down 15%. Is that sinking? Crypto will trivially circumvent trade tariffs in the event of a "trade war". Fink and Blackrock are already looking at crypto ETF and products. I did not sense they are at all concerned sinced they are hedged in that respect. They hold large caps, they hold small caps.
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  2. Crypto already largely by-passes the tariffs. If a business holds no fiat, only trades with another business from another country in say, Bitcoin, then how do you extract a tariff? ----unless governments start accepting payments in crypto.
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