🟡 Larry Fink: "We are driving the economy into a recession ourselves" 😟
• BlackRock CEO Larry Fink stated that the U.S. economy is on the brink of recession — and the reason for this is not external crises, but internal policy.
• According to him, the unpredictability of Trump's tariffs "terrifies" businesses and leads to reduced investments.
• He emphasized:
"This is not a pandemic, not a financial crisis — this is what we have created ourselves".
• Despite the concerns, Fink remains an optimist in the long term — thanks to AI, data centers, and infrastructure.
• Companies are turning to BlackRock for support, but clients are becoming increasingly cautious.
• BlackRock's financial results for Q1 2025 were mixed — profits exceeded expectations, but revenue and AUM fell slightly short.
⚖️ Concerns are growing, but faith in growth remains.
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