Takeaways – stemming from the Iran war, which are likely to weigh on growth and drive inflation higher.
- Kapito warned that growth could be hit and inflation may rise even if the war ends soon, and that oil may still spike to $150 a barrel as disrupted supply chains take time to return to full capacity.
- Apollo Global Management’s President Jim Zelter also cautioned about heightened risks of a US recession and to the credit cycle from a prolonged conflict, saying US consumers are already showing signs of distress.
Blackrock – investors may be underestimating the risks
byu/nop–sled instocks
Posted by nop–sled
6 Comments
Blackrock only wishes whats “best” for investors.
Thanks Blackrock. I’ll continue buying during this fire sale
Blackrock is a terrible company
Blackrock are eyeing on RWA and tokenization.
Private credit is huge in mid-cap companies. They all want to be a Mag-7 but don’t have that killer product and disciplined business strategy to make money. They need to get back to basics with venture capitalists, and not rely on loan sharks like Blackrock.
It is obvious that many of you have never gone through a painful recession.