JUST IN: Tension is rising, and markets are holding their breath.
A stark warning from Larry Fink has sent shockwaves across global finance. The BlackRock chief says a full-scale conflict between United States and Iran could put up to $50 trillion of developed-world GDP and corporate value at risk.
Thatâs not just numbers on a screenâitâs pensions, portfolios, and everyday investors worldwide. If tensions spiral, BlackRock itself could face losses nearing $6 trillion across U.S. equities, crypto exposure, and global holdings within weeks.
The message is clear: this isnât just geopolitics anymoreâitâs personal for the markets.
Every headline, every escalation, every move now has the power to shake trillions.
Traders are watching. Investors are nervous.
The worldâs biggest asset manager just sounded the alarmâand the clock is ticking.
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