BlackRock (BLK) - Get Report CEO Larry Fink said that he is bullish on global growth prospects while telling attendees of the asset management firm's annual shareholders meeting to "stay in equities" because "they're going to be in a good place for a while," Reuters reported.
Fink took a wide range of questions at the meeting, telling one attendee expressing concerns about finding the right candidates for job openings that he expects wage growth to continue.
BlackRock shares were up nearly 1% in premarket trading on Thursday.
Stocks have rebounded following a sharp sell off last week. Jim Cramer believes the rebound is real and gives investors advice on how to play the market going forward.