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BlackRock CEO: We won’t rule out another 20% market drop, but there are more buying opportunities
2025-04-07 16:18

Odaily News Larry Fink, CEO of BlackRock, said: I still won’t rule out the possibility of another 20% market drop. The United States is now a source of instability. It is currently worried about high inflation and rising interest rates. Trump has been paying attention to areas that cause inflation and economic instability. Most of the CEOs I have contacted believe that the US economy has fallen into recession and are skeptical of speculation that the Federal Reserve will cut interest rates several times in 2025. But in the long run, there are more buying opportunities than selling opportunities. Larry Fink has previously stated that market chaos is a "buying opportunity" and said that BTC could become the next global reserve currency.