BlackRock CEO Larry Fink warns a single policy fight could push the U.S. economy into recession
Speaking after what he described as a record quarter, BlackRock’s CEO said the economy could deteriorate quickly if policymakers make one major misstep.
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Speaking after what he described as a record quarter, BlackRock’s CEO said the economy could deteriorate quickly if policymakers make one major misstep.
THE APEX TIMES
The firm said it is expanding its advisory bench with Kfir Godrich, previously BlackRock’s chief innovation officer, and Chris White, a longtime Cisco executive.
The asset manager said its latest third-quarter results showed rising revenue and higher earnings per share, bolstering investor confidence in its fee-stream outlook at a time when exchange-traded fund demand is setting records.
In remarks carried by Yahoo Finance, BlackRock CEO Larry Fink argued that pausing data center development could backfire on the broader economy, even as his firm positions itself for the demand created by artificial intelligence infrastructure.
A recap published by Yahoo Finance highlights that BlackRock addressed Q3 performance on its earnings call, though the available post does not provide granular financial details.
In comments amplified by financial media, BlackRock CEO Larry Fink argued that stopping or delaying data center construction could tip the U.S. economy into recession, a view that drew disagreement from others who question the premise and timing.
In a Q3 2026 earnings call transcript circulated by Yahoo Finance, BlackRock cited record revenue and assets under management, framing the update around how demand for data- and compute-linked infrastructure is reshaping portfolio construction.
The venture, centered on CenterWell clinics, is bringing $2.8 billion in new capital linked to BlackRock, according to a report published Thursday.
The asset manager said net inflows increased in the quarter, pointing to firm demand from institutional clients as a key driver, according to a report published by Yahoo Finance.