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Recession? Most CEOs think U.S. is already in one, says BlackRock’s Larry Fink - MarketWatch

1. Larry Fink warns of a potential recession at the Economic Club of New York. 2. Stocks may see further downside due to Trump's tariff policies. 3. The S&P 500 experienced its biggest two-day drop since March 2020. 4. Fink predicts a long-term buying opportunity despite potential near-term losses. 5. Concerns over tariffs might lead to rising inflation and economic instability.

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FAQ

Why Bearish?

Larry Fink's warnings about the recession and downside risks can negatively impact investor sentiment, reminiscent of downturns triggered by geopolitical tensions.

How important is it?

Fink's insights directly involve BLK's leadership, influencing market perceptions and BLK’s performance.

Why Short Term?

Immediate effects are likely from market volatility, while a potential long-term recovery is hinted at by Fink.

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