BlackRock CEO Warns of Heightened Recession Fears

BlackRock’s Larry Fink revealed heightened market anxiety about a potential recession in his annual letter released on Monday. According to Odaily, he cited the current level of concern as unprecedented and attributed much of this fear to the lingering uncertainty surrounding U.S. President Donald Trump’s tariff policies. The CEO noted that nearly every individual he spoke with shares similar anxieties. While Fink admitted in a previous statement that market sentiment is declining slightly in the short term, and corporate executives believe the economy is weakening, he emphasized his strong confidence in the enduring resilience of capital markets throughout history.