Earnings Results
Head of world’s biggest asset manager says all current client conversations are dominated by worry about market swings
Published: April 11, 2025 at 6:32 a.m. ET
BlackRock Inc.’s Chief Executive Larry Fink said Friday conversations with clients are now “dominated by uncertainty and anxiety about markets and the economy” in the wake of huge swings in stock prices around President Trump’s tariffs.
Fink, head of the world’s biggest asset manager, compared the current time to the big moves in the stock market when inflation surged in 2022, and when equity prices slumped during the earlier days of the COVID-19 pandemic and the Global Financial Crisis of 2008-09.
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