In addition to that they say the future will require huge investment in capital assets and broad investment strategies won't cut anymore.
Hum, so they think the future will be all growth with no losses, need significantly more capital, and some clever people to allocate it wisely... surely just a coincidence but it sounds a little like wishful thinking on Blackrock's part. What investment company is going to come to the conclusion the future is boom and bust, requires little capital investment, and the best strategy is just mindless broad market investment strategies that anyone can do without involving middle men?
There is just too much money printed from Covid in the system so it gives the illusion of growth into speculative investments - this serves Blackrock’s story and business very well.
However, lies eventually catch up: dot-com, mortgage crisis, covid, now AI… the market is a lying machine
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[ 2.8 ms ] story [ 18.4 ms ] threadThey do seem oblivious don't they? They see the cliff ahead, let's step on the gas.
Hum, so they think the future will be all growth with no losses, need significantly more capital, and some clever people to allocate it wisely... surely just a coincidence but it sounds a little like wishful thinking on Blackrock's part. What investment company is going to come to the conclusion the future is boom and bust, requires little capital investment, and the best strategy is just mindless broad market investment strategies that anyone can do without involving middle men?