#RiskRewardRatio U.S. business leaders believe that there is already a recession, according to BlackRock CEO Larry Fink, who considered that there is no possibility that the Federal Reserve will lower interest rates four times, as the markets speculate. The CEO of the asset management firm BlackRock, Larry Fink, which manages the largest portfolio of assets in the world, conveyed this Monday the view of business leaders that there is already a recession due to the tariffs imposed by President Donald Trump.

"Most of the CEOs I talk to would say that we are probably already in a recession right now," Fink said during an appearance at the Economic Club of New York, where he pointed to the airline sector as one of the first indicators.