“The U.S. economy is weak — and the market could fall another 20%.”

Even though he sees opportunities in the long term, he lists the risks in the short term:
• Underestimated inflation 🥵
• High interest rates for longer 🫣
• Weaker dollar 📉
• US exchanging stability for instability in the world

Fink was blunt: “Many CEOs already think the US is in a recession.”

He criticized Trump's tariffs, saying consumption will slow and that ordinary Americans will feel the hit.

The market crash has already moved from Wall Street to Main Street.

Volatility, inflation and uncertainty form the perfect storm.

Fink predicts a drop of up to 20% in valuations of postponed IPOs, but remains optimistic about solid companies.

The world's largest asset manager made it clear:

“There is no systemic risk. But there is a storm coming.”

Whoever is positioned with a cool head can come out stronger.