🚨Larry Fink: Market Volatility to Persist Despite US-China Truce

🔹Larry Fink (BlackRock CEO) warns of ongoing volatility amid global trade uncertainty

🔹Truce with China seen as temporary relief, not a final resolution

🔹“New equilibrium” needed in U.S. trade policy to stabilize markets

🔹Investors are shifting assets to cash amid unpredictability

🔹Remarks made at Saudi-US Investment Forum in Riyadh

-Bloomberg, May 13, 2025