“The Canary Is Sick”: BlackRock’s Larry Fink Says Most CEOs Are Telling Him “We’re Already in Recession”

excalibur

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As I have stated over the past several months, we have been living under Biden's stagflation since 2023.

Larry Fink, welcome aboard.




Blackrock CEO Larry Fink says most CEOs he talks to say the country is ‘already in recession,’ and that the 20% market drop in three days will have ‘potential ripple effects’ on clients, and added that he “still won’t rule out another 20% market decline.”​
“Are we in a recession?” asked Bloomberg TV host Erik Shatzker.​
“Most CEOs I talk to would say we are probably in a recession right now,” Fink replied, adding that the canary “is sick.”


But on this, he is wrong. The market has already driven rates way down since Trump 47, and there is zero reason for the Fed not to cut rates this year, by at least 100 basis points if not 125.


He also suggested that fed rate cuts are unlikely this year, and that a hike may actually be in store.​



 
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As I have stated over the past several months, we have been living under Biden's stagflation since 2023.

Larry Fink, welcome aboard.




Blackrock CEO Larry Fink says most CEOs he talks to say the country is ‘already in recession,’ and that the 20% market drop in three days will have ‘potential ripple effects’ on clients, and added that he “still won’t rule out another 20% market decline.”​
“Are we in a recession?” asked Bloomberg TV host Erik Shatzker.​
“Most CEOs I talk to would say we are probably in a recession right now,” Fink replied, adding that the canary “is sick.”


But on this, he is wrong. The market has already driven rates way down since Trump 47, and there is zero reason for the Fed not to cut rates this year, by at least 100 basis points if not 125.


He also suggested that fed rate cuts are unlikely this year, and that a hike may actually be in store.​



Ten of the last eleven recessions began under a Republican. Trump is no different. He just tanked the stock market with massive tariff policy. Yeah we are in a recession. Trump guaranteed that.
 
Blackrock is taking it on the chin.....Down around 16% for the month.....Maybe they won't be able to afford buy-up all those homes and jack the prices/rents up for a while.

Dems should be ecstatic.
 
As I have stated over the past several months, we have been living under Biden's stagflation since 2023.

Larry Fink, welcome aboard.




Blackrock CEO Larry Fink says most CEOs he talks to say the country is ‘already in recession,’ and that the 20% market drop in three days will have ‘potential ripple effects’ on clients, and added that he “still won’t rule out another 20% market decline.”​
“Are we in a recession?” asked Bloomberg TV host Erik Shatzker.​
“Most CEOs I talk to would say we are probably in a recession right now,” Fink replied, adding that the canary “is sick.”


But on this, he is wrong. The market has already driven rates way down since Trump 47, and there is zero reason for the Fed not to cut rates this year, by at least 100 basis points if not 125.


He also suggested that fed rate cuts are unlikely this year, and that a hike may actually be in store.​


Do you have a link that actually goes to the Larry Fink story? One of your links goes to
1744073619464.webp

The other link goes to:
1744073678613.webp
 
Do you have a link that actually goes to the Larry Fink story? One of your links goes to
View attachment 1098110
The other link goes to:
View attachment 1098112



Working now.

 
Here's one:


I'm wondering if something is wrong with the site.....I posted a link yesterday that worked just fine for me but other members kept getting a 404 message.
Hmmm.
1744074227039.webp

“Some stocks are down over 30%, 40% of their high water marks just from January," Fink said.
Fink became the latest of several Wall Street bosses to weigh in on the tariff turmoil initiated by President Trump.

Hmmmm. No mention of stagflation. Everybody I know did well in 2023/2024, with markets setting record, low unemployment and stable economy recovering from inflation.

It sounds like the OP misled on the Fink's evaluation.
 
Hmmm.
View attachment 1098115
“Some stocks are down over 30%, 40% of their high water marks just from January," Fink said.
Fink became the latest of several Wall Street bosses to weigh in on the tariff turmoil initiated by President Trump.

Hmmmm. No mention of stagflation. Everybody I know did well in 2023/2024, with markets setting record, low unemployment and stable economy recovering from inflation.

It sounds like the OP misled on the Fink's evaluation.
I'd take any CEO's (or whatever Fink is) word for anything given the ass raping his company is taking.

I suspect his woes are caused more by falling bond prices making homes more affordable to real buyers before he can snatch them up.
 
I'd take any CEO's (or whatever Fink is) word for anything given the ass raping his company is taking.

I suspect his woes are caused more by falling bond prices making homes more affordable to real buyers before he can snatch them up.
Now, that is a distinct possibility.
 
As I have stated over the past several months, we have been living under Biden's stagflation since 2023.

Larry Fink, welcome aboard.




Blackrock CEO Larry Fink says most CEOs he talks to say the country is ‘already in recession,’ and that the 20% market drop in three days will have ‘potential ripple effects’ on clients, and added that he “still won’t rule out another 20% market decline.”​
“Are we in a recession?” asked Bloomberg TV host Erik Shatzker.​
“Most CEOs I talk to would say we are probably in a recession right now,” Fink replied, adding that the canary “is sick.”


But on this, he is wrong. The market has already driven rates way down since Trump 47, and there is zero reason for the Fed not to cut rates this year, by at least 100 basis points if not 125.


He also suggested that fed rate cuts are unlikely this year, and that a hike may actually be in store.​



Trying to blame Joe for tRump's epic fuck-ups?

Again?

Sad.
 
Blackrock is taking it on the chin.....Down around 16% for the month.....Maybe they won't be able to afford buy-up all those homes and jack the prices/rents up for a while.

Dems should be ecstatic.
Billionaires getting the shaft always pleases me.
 
Blackrock is taking it on the chin.....Down around 16% for the month.....Maybe they won't be able to afford buy-up all those homes and jack the prices/rents up for a while.

Dems should be ecstatic.
Larry Fink is a democrat political activists who said he would use the funds he is entrusted with to change society.

This democrat Fink would purposely tank the stock market with the $20 trillion in funds Fink/blackrock controls just to make Trump look bad.

Fink lost a trillion by investing in green energy. Fink is a fink
 
As I have stated over the past several months, we have been living under Biden's stagflation since 2023.

We probably are, but neither would I discount the trade disputes we are in right now. For 30 years, the world had all settled into a trade agreement beneficial to all, except one--- the USA. We were getting screwed. Now Trump comes along and pulls the plug and says that he isn't plugging the Christmas lights back in again until everyone gives us a piece of the action, too.

That is bound to cause nerves and uncertainty, but some things are better done late than never at all.
 
Larry Fink is a democrat political activists who said he would use the funds he is entrusted with to change society.

This democrat Fink would purposely tank the stock market with the $20 trillion in funds Fink/blackrock controls just to make Trump look bad.

Fink lost a trillion by investing in green energy. Fink is a fink
Pink Fink.
 
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