Blackstone Reaches $1 Trillion in Assets

06:56am, Thursday, 20'th Jul 2023
The private-equity firm is the first among its publicly traded peers to hit that mark.
The U.S. stock market hasn't found a reason to call it quits yet on the 2023 rally, despite a flood of Treasury debt issuance at plump yields which is helping to drain liquidity from financial markets
Blackstone (BX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
There was, one could say, a highly speculative story from the New York Post that Treasury Secretary Janet Yellen may have consumed hallucinogenic mushrooms during her trip to China. CNN offered a bit
The numbers: Industrial production fell 0.5% in June, with declines in most market groups, the Federal Reserve reported Tuesday.
Driven by inflows, Blackstone's (BX) AUM balance is likely to have increased in the second quarter of 2023.
The numbers: The New York Fed's Empire State business conditions index, a gauge of manufacturing activity in the state, fell 5.5 points in July to 1.1, the regional Fed bank said Monday.
Gold prices are pulling back on Monday following their biggest weekly advance since April as weaker-than-expected GDP data out of China weighed on commodities prices.
Digitalization, decarbonization, deglobalization, and the continued rise of alternative investments are major long-term investing megatrends. American Tower, Blackstone, Brookfield Infrastructure, Pro

U.S. bank lending holds steady in latest week

05:09pm, Friday, 14'th Jul 2023
The numbers: Commercial and industrial loans — a key economic driver — held roughly steady in the week ending July 5, the Federal Reserve said Friday. Loans rose $200 million to $2.754 trillion, t

Blackstone: Getting Expensive, But Still A Buy

03:54pm, Friday, 14'th Jul 2023
Blackstone has many good characteristics, it's asset light and has a track-record of growth and great brand recognition. Unfortunately, its heavily performance-oriented fee structure makes earnings ve
I analyze Blackstone, a leading alternative asset manager, for its investment potential, with the company's fundamentals, valuation, growth opportunities, and risks considered. The company enjoys seve
Blackstone has an impressive track record but has hit a speed bump recently due to soaring inflation and interest rates. The stock has recovered sharply in recent days due in part to better-than-expec
Big U.S. banks kick off second-quarter earnings on Friday, with investors bracing for a subsequent wave of borrowing in the bond market from America's top lenders.
The numbers: The U.S. federal budget deficit widened sharply to $227.7 billion in June, up from $88.8 billion in the same month last year, the Treasury Department said Thursday.
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