{
  "id": 15741545,
  "title": "BlackRock CEO Larry Fink Thinks a Data Center Moratorium Could Trigger a Recession. If He's Right, Here's What History Says to Do Next.",
  "url": "https://urgent.news/2026/10/20/blackrock-ceo-larry-fink-thinks-a-data-center-moratorium-could",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T11:50:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/20/blackrock-ceo-larry-fink-data-center-recession/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Billionaire Larry Fink, CEO of BlackRock, has expressed concern that a moratorium on AI data center construction could lead to a recession in the United States. In an interview with CNBC, Fink stated that such a moratorium could trigger a recession due to the massive amount of capital expenditures associated with building out AI infrastructure. Estimates suggest that AI capital expenditures could reach over $1 trillion in 2027 and potentially surpass $5 trillion by 2030. Goldman Sachs Research indicates that nearly half of the S&P 500's 2026 earnings growth can be attributed to AI-related investments. If a significant portion of this growth is lost, it could have a negative impact on the overall economy. However, history provides guidance on the best course of action for investors in such a scenario. The Motley Fool analyzed the S&P 500's performance during every recession since 1980 and found that, in most cases, the market had started to recover before the recession ended. In half of the recessions since 1980, the S&P 500 even experienced gains. The Motley Fool also noted that a recession is defined as two or more consecutive quarters of negative economic growth, which means that determining when a recession begins is uncertain. As a result, pulling money out of the market at that point may lead to selling near the bottom. Ultimately, the smartest strategy for investors during a recession is to maintain a long-term perspective and stay invested in a diversified stock portfolio.",
  "summary": "The key is not to panic.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "BlackRock CEO Larry Fink Thinks a Data Center Moratorium Could Trigger a Recession. If He's Right, Here's What History Says to Do Next.",
        "url": "https://urgent.news/2026/10/20/blackrock-ceo-larry-fink-thinks-a-data-center-moratorium-could-15742165",
        "published": "2026-10-20T12:10:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}