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Larry Fink says we are 'probably' in a recession, but don't sell your stocks just yet
BLKBlackRock(BLK) Business Insider·2025-04-07 20:07

The CEO of the world's largest asset manager was asked if he thinks a recession is coming. Larry Fink's response: We're in it. Most CEOs Fink has been talking to "would say we are probably in a recession right now," he said in an interview at the Economic Club of New York on Monday."One CEO specifically said the airline industry is a "proverbial bird in a coal mine — canary in the coal mine — and I was told that the canary is sick already," he said, adding that travel demand has declined. Last week, Presi ...