Larry Fink's Stark Market Warning: 20% Drop Looms!

Larry Fink, CEO of BlackRock, delivers a stark warning about the potential for a 20% market drop amid ongoing economic uncertainty. In his recent address to the Economic Club of New York, Fink highlights the ramifications of rising inflation, tariffs, and a shifting U.S. economy. He raises alarms about the weakening dollar and the impact of the current administration's policies on growth. While Fink acknowledges the possibility of a recession, he also sees potential buying opportunities in the turbulence. Discover his insights on the future of the labor market, IPO valuations, and what this means for consumers and investors alike.

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00:00:00 Larry Fink's Stark Market Warning: 20% Drop Looms!