Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Blackrock CEO Larry Fink. Photo: Pedro Pardo/AFP/Getty Images
Blackrock CEO Larry Fink said Thursday at Yahoo Finance's All Markets Summit event that U.S. markets will be a short-term "big winner" in the trade war, but remains "worried about the long-term."
Why it matters: The chief executive of the world's largest asset manager raised concerns about the shift from multilateralism to unilateralism when it comes trade. Fink said his biggest fear is that the hardline on trade "impairs the world vitality," which could create more volatility.
Clarification: This article has been updated to clarify Fink was talking about the markets and trade.