BlackRock CEO Larry Fink Warns ‘Many Already Believe The US Is In A Recession’
Posted On April 7, 2025
BlackRock CEO Larry Fink warned that financial markets could face an additional 20% decline, but emphasized that the current correction presents a long-term buying opportunity rather than a signal to exit positions.
What Happened: Speaking at the Economic Club of New York on Monday, Fink said the downturn is not indicative of systemic financial risk.
“I see it more as a buying opportunity than a selling opportunity,” Fink said, though he acknowledged the market could still fall further.
His comments come as inflation pressures remain elevated, catching many investors off …
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