BlackRock CEO Larry Fink said: I still wouldn't rule out the possibility of another 20% market decline. The United States is now a source of instability, currently worried about high inflation and rising interest rates. Trump has been focusing on areas that have led to inflation and economic instability. Most CEOs contacted believe that the U.S. economy is already in recession and are skeptical of the speculation that the Federal Reserve will cut interest rates multiple times in 2025.
But in the long run, it's more a buying opportunity than a selling opportunity. Larry Fink has previously called market disruption a "buying opportunity" and said BTC could become the next global reserve currency.
BlackRock CEO: Still not ruling out the possibility of another 20% market decline, but more buying opportunities
2025-04-07 16:55:24
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