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

The financial markets experienced a mixed performance on Friday as U.S. stocks displayed a range of movements, while the U.S. dollar weakened significantly to multiyear lows. This shift comes amidst growing uncertainty surrounding President Donald Trump's ongoing trade war with China.

Larry Fink, the CEO of Blackrock, a major investment management firm, shared his concerns about the state of the U.S. economy during an interview with CNBC on Friday. Fink expressed his belief that the U.S. economy is teetering on the brink of, if not already in, a recession.

The remarks made by Fink highlight the increasing anxiety among investors and analysts regarding the economic outlook of the United States. The ongoing trade tensions between the U.S. and China, coupled

Source: https://news.bitcoin.com/amid-us-china-trade-war-unrest-blackrock-ceo-predicts-recession-risk/


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