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flag BlackRock's Fink warns of a U.S. recession due to tariffs, predicting market declines and inflation.

flag BlackRock CEO Larry Fink stated that most CEOs believe the US is in a recession due to President Trump's tariff policies, which are affecting global markets. flag Fink warned of potential further declines in stock markets and rising inflation, making it difficult for the Federal Reserve to cut interest rates. flag Despite the negative outlook, Fink sees a buying opportunity in the long run.

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