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BlackRock's Fink warns global surprise could drive stock market correction
Fink, head of the world's largest asset manager, said the amount of risk in the financial system is comparable to 2007 levels. Consistently low volatility in the stock market, as well as the overall strength of the global economy, may mean markets are not accounting for that risk as much as they did in the past. A stock market correction is defined as a fall of at least 10 percent from the high point of the last 52 weeks.
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