CEOs, Wall Street Titans Brace For Sustained Market Downturn: ‘There’s Too Much Confidence In The System’

President Donald Trump‘s reciprocal tariff announcement on April 2 shook financial markets as Wall Street and corporations braced for supply chain disruptions worldwide. Even as the market closes roughly even on Monday, some believe the worst is yet to come.
Larry Fink’s Thoughts: Larry Fink, the billionaire CEO and co-founder of BlackRock, said many CEOs believe the U.S. is currently in a recession, according to CNBC.
“Most CEOs I talk to would say we are probably in a recession right now,” Fink said at the Economic Club of New York on Monday. “One CEO specifically said the airline industry …Full story available on Benzinga.com

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