BlackRock's Fink says US probably already in a recession
BlackRock Inc (NYSE:BLK) CEO Larry Fink said the US is "probably" already in a recession and warned that stock markets could fall another 20% as the full effects of US tariffs and retaliations become clear. "Most CEOs I talk to would say we are probably in a recession right now," Fink said in a talk at the Economic Club of New York on Monday.
Markets Mellow as Talks About Trade Talks Commence
Market participants began to see some dialogue on the tariff beat, with certain countries willing to state publicly they are ready to negotiate trade levels with the U.S.
BlackRock's Fink says CEOs tell him they think US economy is in a recession
BlackRock CEO Larry Fink said the stock market drop could continue amid trade war and recession concerns, but that it would still represent a buying opportunity for investors.
Larry Fink says we are 'probably' in a recession, but don't sell your stocks just yet
Larry Fink said that most of the CEOs he talks to think that the US is in a recession. He said the market could continue to decline another 20%.
BlackRock: Q1 Results Friday, Valuation Ignores Potential Cyclicality
BlackRock is set to report Q1 2025 earnings in a turbulent market due to trade war tensions. Despite current market volatility, the average S&P 500 level in Q1 was similar to the one exhibited in Q4, reducing a potential drop in base fees. BlackRock's forward valuations have decreased significantly but remain close to their historical average and far away from the low valuations exhibited in 2022.
CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink
BlackRock CEO Larry Fink said many business leaders already believe the U.S. economy is slowing down. The asset management executive also sees the likelihood for the Trump administration's trade policies to cause upward pressure on prices.
Top 4 S&P 500 index stocks to buy the dip amid the crash
The S&P 500 index has crashed hard this year, erasing some of the gains made last year. The SPX crashed by 5.8% on Friday, meaning that it has crashed by over 17.5% from its highest level this year.
BlackRock's Rieder: Jobs Data Forgettable, Pull Back on Risk
Rick Rieder, BlackRock's CIO of global fixed income, says the US economy is facing a "soft patch" ahead and advises investors to pull back on risk. He speaks on "Bloomberg Open Interest.
BlackRock (BLK) Reports Next Week: Wall Street Expects Earnings Growth
BlackRock (BLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Breaking down BlackRock CEO's 50/30/20 portfolio strategy
BlackRock (BLK) CEO Larry Fink proposed adjusting the traditional 60/40 portfolio strategy by allocating 50% to equities, 30% to bonds, and 20% to alternative investments like real estate and private equity. Yahoo Finance Senior Columnist Kerry Hannon joins Wealth to discuss how this model aims to increase diversification in response to volatility and inflation.
BlackRock CEO Fink's letter to investors dumps DEI, touts expansion of market access
BlackRock CEO Larry Fink's annual investor letter dropped references to DEI and ESG policies, and touted efforts to expand investors' access to markets, including private markets.
BlackRock's Larry Fink says to own alternative assets. But timing is everything.
Larry Fink, the chairman and chief executive of asset-management giant BlackRock BLK-0.02%, offered some timely portfolio advice in his annual letter to investors. In that letter, Fink proposed an alternative to the traditional 60/40 stock-bond portfolio, specifically 50% stocks, 30% bonds, and 20% private assets.
