CEO Larry Fink Warns of Potential 20% Market Slide Amid Growing Recession Fears
Market Volatility and Recession Concerns Larry Fink, the CEO of BlackRock—the world’s largest asset management company—has issued a stark warning about the current economic climate. Speaking recently at the Economic Club of New York, Fink suggested the possibility of a further 20% drop in the U.S. stock market, driven primarily by increasing recessionary pressures and…