BLACKROCK JUST BOUGHT $750M BITCOINOver 90% of BTC ETF flows yesterday were just BlackRock buying $764M of BTC.Institutions are bidding. https://t.co/kz9bseRCz8 ...

Group 1: Economic Outlook - BlackRock's Chief China Economist highlighted that China's export data exceeded expectations in the first half, with June exports growing by 5.8% year-on-year, but pressures are expected to increase in the second half due to a weakening real estate market and softening consumption in the restaurant sector [3] - The company noted that while there are short-term pressures on demand, recent policy adjustments could benefit long-term economic structure improvements, enhancing foreign investment interest in the Chinese market [3] - The expectation is for policy measures to gain momentum towards the end of September, with nominal interest rates having significantly decreased, although real interest rates remain high [3] Group 2: Investment Strategy - BlackRock's investment strategy in the current low-interest-rate environment favors equities, suggesting a core allocation to stocks, with interest rate bonds serving as stabilizers and credit bonds maintained at a neutral stance [3][4] - The focus is on three asset categories: stocks with strong cash flow value, broad consumption sectors benefiting from policy support, and traditional high-growth sectors like AI and healthcare [4] - The importance of gold as a hedging tool in asset allocation is expected to continue to rise, with a positive outlook on U.S. stocks despite their current high valuations due to solid fundamentals [4] Group 3: A-Share and Hong Kong Market Outlook - BlackRock's Chief Equity Investment Officer expressed optimism for the A-share market in the second half, citing government policies aimed at stimulating consumption and improving the operating environment for listed companies [6] - For the Hong Kong market, potential opportunities are identified in the Hang Seng Technology sector and high-quality traditional enterprises, with expectations for valuation improvements if mid-year reports show strong performance [6] Group 4: Debt Market Insights - The debt market is experiencing an "asset shortage," with extreme compression of term spreads and credit spreads, leading to high valuations and low yield levels [7] - The expectation is for the central bank to maintain liquidity support, which will underpin the debt market, although the current high valuations make the market sensitive to risks [7]

沙特阿美接近达成一份协议，有望从贝莱德主导的一个财团获得大约100亿美元融资。 阿美这笔潜在资金将被用于投资位于Jafurah的天然气项目。（路透） ...

Group 1 - The core point of the article is that a group led by BlackRock will invest $10 billion in Saudi Aramco's Jafurah infrastructure project [1] Group 2 - The investment signifies a strong commitment to the development of the Jafurah gas field, which is expected to enhance Saudi Arabia's energy infrastructure [1] - This project is part of Saudi Arabia's broader strategy to diversify its economy and reduce dependence on oil revenues [1] - The Jafurah project is anticipated to play a crucial role in meeting the growing energy demands both domestically and internationally [1]

Recently, Black Rockck CEO Larry Frink published an article in the Financial Times titled, quote, "It's time for the second draft of globalization. It's safe to say that it took the world by storm." In that article, Larry acknowledged that globalization has created multiple problems such as growing wealth inequality. But it goes without saying that the solutions he has in mind could make things much worse. And that's why today we're going to take a look at what exactly Black Rockck is planning, how this cou ...

Core Viewpoint - The bond market is experiencing a period of volatility, with discussions on whether the "bond bull" market can continue being a focal point among industry experts [1][2]. Group 1: Market Performance - As of July 16, the yield on 10-year government bonds rose by 1 basis point to approximately 1.66%, reflecting a slight upward trend in the interbank bond market [2]. - Despite various factors such as a strong equity market and increased government bond net issuance causing fluctuations, most industry experts remain optimistic about the bond market's future performance [2]. Group 2: Economic and Monetary Policy Insights - Export data for June showed a year-on-year growth of 5.8%, driven by factors like "export grabbing" and enhanced corporate competitiveness, although this growth is expected to be unsustainable [2]. - The current monetary policy is perceived to have room for further easing, with expectations that interest rates and reserve requirements will remain stable in the near term [2]. - The central bank's stance is viewed as supportive, with ongoing liquidity injections anticipated due to the global instability and the weak economic fundamentals [2]. Group 3: Investment Strategies - In the current market environment, a multi-strategy approach is emphasized, as traditional duration strategies are less likely to yield excess returns [3]. - The focus is on combining trading strategies, structural strategies, and utilizing derivatives to create multiple sources of income, rather than relying solely on absolute interest rate levels [3]. - The recommendation is to maintain a balanced portfolio with equities as the core allocation and government bonds as a stabilizer, while keeping a neutral stance on credit bonds due to their historically low spreads [3].

Core Insights - The author transitioned from a traditional financial career to focus on personal finance education through online platforms [1] Group 1: Background and Experience - The author has a background in finance-marketing, holding a bachelor's degree, CFP title, and an MBA in financial services [1] - The author worked in private banking for five years before deciding to pursue a different path [1] Group 2: Career Transition - In 2016, the author left the financial industry to travel across North America and Central America with family, which was a transformative experience [1] - In 2017, the author quit the financial job to help others with personal finance through investing websites [1]

Group 1 - Blackrock (NYSE: BLK) reported its Q2 2025 earnings on July 15th, showing strong revenue and EPS growth despite an earnings miss [1] - The company expects to achieve double-digit growth for the full year [1]

Core Viewpoint - State Street and BlackRock, two of the largest global financial institutions, reported strong Q2 earnings, raising questions about which asset manager presents a better investment opportunity at the moment [1][2][3]. Group 1: State Street's Q2 Performance - State Street reported Q2 earnings of $2.53 per share, exceeding the Zacks EPS Consensus of $2.36 by 7% and marking a 17% increase from $2.15 in the same quarter last year [4]. - The company achieved record Q2 sales of $3.44 billion, an 8% increase from $3.19 billion a year ago, surpassing estimates of $3.37 billion [4]. - Fee revenue for State Street spiked 12%, driven by servicing, management, and software fees, alongside a 27% surge in FX trading volumes [5]. Group 2: BlackRock's Q2 Performance - BlackRock's Q2 EPS was $12.05, beating expectations of $10.71 by 12% and increasing 16% from $10.36 in the same quarter last year [6]. - The company's sales reached $5.42 billion, which, while a 13% increase from $4.8 billion in Q2 2024, fell short of estimates of $5.44 billion [6]. - BlackRock generated 7% organic base fee growth and over $650 billion in net inflows, attributed to record inflows for its iShares ETFs and expansions in private markets [7]. Group 3: Assets Under Management (AUM) - Both State Street and BlackRock achieved record AUM, with State Street's AUM increasing 17% year over year to $5.1 trillion, while BlackRock's AUM rose 18% to $12.53 trillion, making it the first asset manager to surpass $12 trillion [10]. Group 4: Dividend and Valuation Comparison - State Street announced an 11% increase in its quarterly dividend to $0.84 per share, resulting in a current dividend yield of 2.98%, which is higher than BlackRock's 1.99% [11]. - State Street trades at a forward earnings multiple of 10.5X, significantly lower than BlackRock's 22.5X and the S&P 500's 24.1X [13]. Group 5: Investment Outlook - Both State Street and BlackRock stocks have seen gains of over 4% year to date and more than 20% over the last year, indicating their viability as investments [14]. - State Street holds a Zacks Rank 1 (Strong Buy), making it an appealing option due to its dividend and P/E valuation, while BlackRock has a Zacks Rank 2 (Buy) and excels in technology and data-driven strategies [15].

BlackRock, Inc. BLK on Tuesday reported that second-quarter 2025 revenue grew 13% year-over-year to $5.42 billion, beating the consensus of $5.34 billion. Adjusted operating income rose 12% to $2.09 billion. Adjusted EPS increased 16% to $12.05, beating the consensus of $10.80.Also Read: Big Banks Smash Earnings Expectations But Rally Fails To Produce New FuelGoldman Sachs maintains the Buy rating on BlackRock, revising the price forecast $1,163 from $1,115.Analyst Alexander Blostein on Wednesday wrote the ...