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re: BlackRock suffered $1.6 trillion in losses in 6 months

Posted on 7/22/22 at 10:07 pm to
Posted by 632627
LA
Member since Dec 2011
12865 posts
Posted on 7/22/22 at 10:07 pm to
quote:

I'm not big on conspiracy theories but I did find it odd over the last two years Blackrock was buying hundreds of billions of dollars worth of real estate when every single market indicator said it was in a bubble and about to go down.


Interesting because the stock market is down 20% whereas real estate is still sky high.

Looks like blackrock knew what they were doing.
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