Larry Fink tells investors to expect a 'cascade of bankruptcies' - reports

52% of American small businesses expect to be bust within six months

James Baxter-Derrington
clock • 2 min read

In a private call with clients of a wealth advisory firm, BlackRock CEO Larry Fink told investors "as bad as things have been for corporate America in recent weeks, they’re likely to get worse", Bloomberg has reported.

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