Donald Trump’s tariffs: Larry Fink, CEO of world’s largest asset manager BlackRock, warns of another 20% crash in stock markets

BlackRock CEO Larry Fink cautions against optimism regarding the stock market recovery rally, suggesting a potential 20% decline due to substantial US tariffs and concerns about a contracting US economy. He notes that most CEOs believe the US is currently in a recession, with tariffs likely to fuel inflation.

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