BlackRock CEO Predicts Possible 20% Stocks Decline, Likely Recession Ahead
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During a talk at the Economic Club of New York, BlackRock CEO Larry Fink suggested that the stock market could decrease by 20% due to heavy tariffs imposed by the U.S. Fink also mentioned concerns about a possible recession and higher inflation than anticipated by the market. Despite recent market drops, Fink believes it presents a chance to buy rather than sell, emphasizing that these declines do not pose significant systemic risks.

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