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CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink

1. Larry Fink suggests a significant US economic downturn is underway. 2. Many CEOs believe the economy is already in a recession. 3. Fink warns of inflation pressures due to current tariff policies. 4. Interest rate cuts by the Fed are seen as unlikely by Fink. 5. BlackRock manages over $11 trillion in assets, influencing market stability.

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FAQ

Why Bearish?

Fink's comments indicate a potential recession, likely hurting asset management firms like BLK.

How important is it?

The article discusses economic conditions that directly impact BlackRock's asset management business.

Why Short Term?

Economic downturns can lead to rapid impacts on asset flows and management fees.

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