BlackRock’s Larry Fink says U.S. is very close to a recession and may be in one now

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BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now


Larry Fink, chief executive officer of BlackRock Inc., at the Berlin Global Dialogue in Berlin, Germany, on Tuesday, Oct. 1, 2024. 

Bloomberg | Bloomberg | Getty Images

BlackRock CEO Larry Fink told CNBC on Friday that he thinks the U.S. economy has weakened.

“I think we’re very close, if not in, a recession now,” Fink said on “Squawk on the Street.”

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