Economy

#BlackRock is eating the financial world w/ passive management that threatens to destroy capitalism: Snags more assets in market rout, boosts profit.

Submitted by TheDailyLiberty.com on Fri, 04/13/2018 - 10:13

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NEW YORK (Reuters) - BlackRock Inc (BLK.N), the world’s largest asset manager, generated higher profit during the first quarter by luring more money from investors even as stock and bond markets fell.

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The Fed is Officially Screwed: Inflation's Over 2% Despite 6 Rate Hikes

Submitted by TheDailyLiberty.com on Thu, 04/12/2018 - 22:38

THEDAILYLIBERTY

The Fed is now officially screwed. 

The single biggest concern for the Fed is inflation. The reason for this is that US Treasuries are currently in a massive bubble. And those Treasury yields trade based on inflation.

If inflation rises, so do Treasury yields. 

If Treasury yields rise, Treasury prices fall. 

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CIO Of World's Largest Bond Fund: "We Are Not Alarmist But It's Time To Sell"

Submitted by TheDailyLiberty.com on Thu, 04/12/2018 - 15:15

THEDAILYLIBERTY

It's been a while since the world's richest and/or most famous fund managers spooked retail investors with warnings to get out of the market... now. That changed overnight when Dan Ivascyn, the man who replaced Bill Gross as CIO of the world's largest bond fund at PIMCO, said that it's time to take profits... now.

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