Kapito: Iran War Risks Could Slow Growth and Spark Inflation
TL;DR Summary
BlackRock President Rob Kapito warns that Iran-war risks may be underpriced by markets, potentially shaving up to about 2 percentage points off growth and lifting inflation, with oil possibly spiking to $150 per barrel even if the conflict ends soon; peers also flag recession risk amid energy disruptions, while Kapito remains optimistic on long-term themes like AI and private markets.
- BlackRock’s Kapito Warns Investors Are Mispricing Iran Risks Bloomberg.com
- Recession odds climb on Wall Street as economy shows cracks beneath the surface CNBC
- Larry Fink: Iran war has two outcomes, abundance and growth or global recession Fortune
- BlackRock CEO predicting ‘global recession’ if oil hits $150 The Hill
- Top economist Mark Zandi pinpoints exactly how much oil can rise before it tips the US economy into recession Business Insider
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