BlackRock CEO Says Market Could Tank Another 20%—But It's a 'Buying Opportunity'

Speaking at the Economic Club of New York on Monday, Fink shared that many of his fellow executives believe the market meltdown is a sign the U.S. is in the midst of an economic recession, Reuters reported. The executive’s comments come as investors panic over a market meltdown triggered by President Trump’s economic policy, which relies heavily on tariffs that many analysts believe will trigger a global recession. The S&P 500 and Nasdaq Composite— two widely watched indices that measure the health of the U.S. stock market—have cratered 10% over the past five days.

Author: Liz Napolitano

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