Larry Fink, the CEO of BlackRock, has expressed significant concerns regarding the state of the U.S. economy, suggesting that many CEOs he speaks with believe the country is already in a recession. He warns that stock markets could see a further decline of up to 20%, amidst rising anxiety among investors and corporate leaders about the weakening economic conditions. Fink emphasizes the need for diversification in investment strategies, noting that traditional portfolio models may no longer be sufficient. Additionally, he advocates for democratizing access to private markets as a means to expand investment opportunities for a broader audience.