2 Question Tuesday – 04/22/2025 – BlackRock’s Larry Fink Says the U.S. Is Already in a Recession, Is He Right? How Would the Markets React If Fed Chair Jerome Powell Is Fired?

Welcome to 2 Question Tuesday. This week’s questions were:

  1. Blackrock’s Larry Fink says the U.S. is already in a recession, is he right?
  2. How would the markets react if Fed Chair Jerome Powell is fired?

Phil, Mike, and Larry discuss if they agree with Larry Fink, who said the U.S. is already in a recession. Fink is the CEO of Blackrock, the world’s largest asset manager. Then they talk about President Trump’s desire to fire Federal Reserve Chairman Jerome Powell and how that will affect the markets.

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Host Lawrence Carrel’s books available available at Amazon.com

Focused Wealth Management • Fiduciary financial advisors serving Orange County, New York