Difference between revisions of "BlackRock"
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'''BlackRock''' is a globalist investment management corporation based in [[New York City]]. The corporation was founded in 1988. BlackRock is the world's largest asset manager, with US$10 trillion. Among their management contracts is they are one of two companies which manage the [[Thrift Savings Plan]], the United States government's version of a 401(k) plan for federal employees. | '''BlackRock''' is a globalist investment management corporation based in [[New York City]]. The corporation was founded in 1988. BlackRock is the world's largest asset manager, with US$10 trillion. Among their management contracts is they are one of two companies which manage the [[Thrift Savings Plan]], the United States government's version of a 401(k) plan for federal employees. | ||
| − | Their CEO and founder is | + | Their CEO and founder is Larry Fink who sits on the boards of the influential Council on Foreign Relations and [[World Economic Forum]].<ref>https://www.weforum.org/about/leadership-and-governance</ref> |
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| + | The influence of Blackrock is doubtful. On May 23, Blackrock announced a downgrade of its projection for the value of [[U.S.]] stocks,<ref>https://www.bnnbloomberg.ca/blackrock-cuts-developed-market-stocks-to-neutral-on-fed-china-1.1769714</ref> and the [[stock market]] responded by sharply increasing in value immediately afterwards. | ||
==References== | ==References== | ||
Revision as of 03:12, May 24, 2022
BlackRock is a globalist investment management corporation based in New York City. The corporation was founded in 1988. BlackRock is the world's largest asset manager, with US$10 trillion. Among their management contracts is they are one of two companies which manage the Thrift Savings Plan, the United States government's version of a 401(k) plan for federal employees.
Their CEO and founder is Larry Fink who sits on the boards of the influential Council on Foreign Relations and World Economic Forum.[1]
The influence of Blackrock is doubtful. On May 23, Blackrock announced a downgrade of its projection for the value of U.S. stocks,[2] and the stock market responded by sharply increasing in value immediately afterwards.
