Larry Fink says we are 'probably' in a recession, but don't sell your stocks just yet

BlackRock CEO Larry Fink was interviewed Monday at an Economic Club of New York event.

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• Larry Fink said most of the CEOs he talks to think that the US is in a recession.
• He said the market could decline another 20%.
• In the long run, however, this is more of a buying opportunity, he added.

The CEO of the world's largest asset manager was asked whether he thinks a recession is coming. Larry Fink's response: We're in it.

Most CEOs...