On April 8, BlackRock CEO Larry Fink stated, "A 20% market drop within three days has impacted customers and may trigger a chain reaction. From a long-term perspective, this is more of a buying opportunity than a selling opportunity. I am concerned that the United States as a country is not a stabilizing factor, and we are currently undermining stability. I am worried that the White House's actions may exacerbate inflation more than the market expects, and the possibility of the Federal Reserve cutting interest rates four to five times this year is zero, with interest rates likely to rise."