Bill Gross, Larry Fink talk economy, jobs and the markets
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Want to know more about the bond barons featured in Sunday’s edition of The Los Angeles Times?
Bloomberg TV is airing tonight an hour-long interview with BlackRock CEO Larry Fink and Pimco co-founder Bill Gross, in which the two financial titans discuss the global economy, job creation and even the Occupy Wall Street protests. (The financial news channel also has online video here and here.)
Gross and Fink, who both grew up in California and attended UCLA, have often found themselves at opposite viewpoints on the economy. Both are fretting that economic growth in developed countries could be weighed down for years by debt problems in Europe and high unemployment in the U.S. Gross is more bearish about the future, while Fink says in the interview that he’s more optimistic because of the underlying ‘vitality’ in many of America’s cutting-edge companies.
Dow falls to five-week low as global gloom deepens
-- Joe Bel Bruno