April 21, 2025

Amid US-China Trade War Unrest, Blackrock CEO Predicts Recession Risk

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U.S. stocks saw mixed action on Friday, while the U.S. dollar slipped to multiyear lows amid the uncertainty surrounding President Donald Trump’s trade war with China. Speaking with CNBC on Friday, Blackrock boss Larry Fink stated that the U.S. economy is at least very close to, “if not in, a recession right now.” Recession Risk

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