BlackRock's Fink: Dow 28,000 by 2019


The bull market in stocks has another five to six years left with the possibility of 8 to 10 percent annual growth, Larry Fink, chairman and CEO of investment firm BlackRock, told CNBC on Wednesday.

Doing the math at the high end of Fink's projections, the Dow Jones industrial average would be at more than 28,000 in 2019.

In the near term, corporate earnings have pretty much kept pace with the recent stock market rally, he said in a "Squawk Box" interview.

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