BlackRock's Larry Fink says there are no signs of global recession in the next 12 months

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BlackRock's Larry Fink says there are no signs of global recession in the next 12 months
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'We will go through a phase in which things are not great but also not bad.'

There are no signs that the global economy is sliding toward a recession in the next 12 months, BlackRock Inc's Chief Executive Larry Fink said in remarks published on Saturday.

"I see no signs of a global recession in the coming 12 months," said Fink, who leads the world's largest asset manager.

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