Larry Fink, CEO of BlackRock, tells Bloomberg that he's "very bullish" on the United States and "our corporations are in fabulous shape with $1.7 trillion in cash…I don't believe you're going to see that much default risk in the next few years.
"Fink also said that "95% of the people that are talking about [the fiscal cliff] have no clue" and "I think we will find a solution."