BlackRock CEO says stocks could extend fall by 20%, economy probably in recession

https://www.reuters.com/markets/us/blackrock-ceo-says-stocks-could-extend-fall-by-20-economy-probably-recession-2025-04-07/

April 7 (Reuters) - BlackRock (BLK.N), opens new tab CEO Larry Fink on Monday said stock markets could extend their decline by 20% as the U.S. imposes steep tariffs, noting the economy is probably already in a recession.
Speaking at the Economic Club of New York, Fink expressed worry that there is much more inflationary pressure than the market expects

How fucked are we realistically? 🤔