BlackRock CEO: High inflation is the 'greatest risk' globally; going against Davos always pays off.

On January 23, Jinshi Data News, BlackRock CEO Larry Fink said that investors who prematurely concluded that high inflation has ended have increased the possibility of bond yields rising with price pumps. ‘The biggest risk the world faces today is that everyone thinks the inflation peak is over,’ Fink told Bloomberg on Wednesday at the Davos World Economic Forum in Switzerland, adding that his views differ from those expressed by market forces. ‘I really think we will face a situation of high inflation.’ When it comes to AI investment, Fink said that building data centers requires a lot of funding from the private sector. BlackRock is partnering with Microsoft and others to raise a $30 billion fund, and Fink said that the private sale market needs to pay special attention to the power supply of data centers. ‘In the short term, let’s be clear, it will be mainly powered by natural gas, which is natural gas in the United States,’ Fink said, adding that the demand for electricity should spark discussions about the future role of nuclear energy.