Wu Blockchain (@WuBlockchain): BlackRock CEO Larry Fink, in an interview with Bloomberg, said he wouldn’t rule out another 20% market decline but views it as a long-term buying oppo…
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BlackRock CEO Larry Fink, in an interview with Bloomberg, said he wouldn’t rule out another 20% market decline but views it as a long-term buying opportunity. He expressed concern that elevated inflation could force the Federal Reserve to raise interest rates further and cast doubt on the likelihood of multiple rate cuts this year. He also noted that most CEOs he speaks with believe the U.S. is already in a recession. bloomberg.com/news/live-blog…