How the World’s Biggest Fund Manager Larry Fink Failed to Predict the S&P 500’s Recovery
In April 2025, BlackRock CEO Larry Fink warned that the S&P 500 could plunge another 20% amid Trump’s tariff shock, calling the U.S. economy already in recession. Instead, the market rebounded strongly, gaining over 16% by August. This article analyzes how the world’s biggest fund manager misread short-term market moves, why his prediction failed, and …