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

Posted on 7/23/22 at 11:30 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11286 posts
Posted on 7/23/22 at 11:30 am to
Blackrock and Vanguard have accumulated so much in assets that a simple rebalancing won’t crash the markets. Single stock names will just go straight to $0. The CARES Act bailed them out the conundrum is it also bailed out the taxpayer and there asset values.
Posted by Big Scrub TX
Member since Dec 2013
33738 posts
Posted on 7/23/22 at 11:35 am to
quote:

Single stock names will just go straight to $0.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124628 posts
Posted on 7/23/22 at 12:14 pm to
quote:

so much in assets that a simple rebalancing won’t crash the markets. Single stock names will just go straight to $0.
You lost me on that, wutang.
Posted by Big Scrub TX
Member since Dec 2013
33738 posts
Posted on 7/23/22 at 2:08 pm to
quote:

Blackrock and Vanguard have accumulated so much in assets that a simple rebalancing won’t crash the markets. Single stock names will just go straight to $0. The CARES Act bailed them out the conundrum is it also bailed out the taxpayer and there asset values.
Let's actually get back to your original nonsense claims:

quote:

Blackrock and Vanguard have accumulated so much in assets that a simple rebalancing won’t crash the markets.
wut

quote:

Single stock names will just go straight to $0.
wut

quote:

The CARES Act bailed them out the conundrum is it also bailed out the taxpayer and there asset values.
wut

3 sentences - zero sense.
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