Blackrock CEO offers candid response after stock market tumbles

It is no doubt been a painful month for stock market merchants. The principle benchmarks possess retreated sharply, with the S&P 500 slumping about 10% from its highs in February.

Stock market corrections like this are no longer uncommon, but they blueprint no longer happen all that on the total, both. In conserving with Capital Community, a money supervisor with resources below administration exceeding $2 trillion, the S&P declines by over 10% about once every 18 months.

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