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Fortune
Fortune
Eleanor Pringle

BlackRock's Larry Fink has called on leaders to inject more 'hope' into the economy to prevent a self-fulfilling recession

Larry Fink, chief executive officer of Blackrock Inc (Credit: Krisztian Bocsi/Bloomberg - Getty Images)

BlackRock CEO Larry Fink is a legendary presence on Wall Street, but in his 50 years on the job, he's "never" seen as much fear from consumers and businesses alike as he is at the moment.

The chairman of BlackRock, which manages more than $9 trillion in assets, says the global economy is missing hope — an ingredient he says is essential for any financial outlook.

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