Daily News Updates

Is Larry Fink slippery? Recently he had been speaking on a change in the traditional asset allocation mix from the traditional 60/40 allocation to something they are calling 50/30/20 with 20% in alternative assets. Here BlackRock, his firm, is the worlds largest asset manager with more than $10 trillion under

9 stories we are following this morning. 1. The markets are down by what some might call astounding numbers pre market. The S&P 500 by more than 3% and the Nasdaq almost by 4%. 2. When I first looked at the futures late last night I did a double take

1. The job market and the Fed calm the markets. The job market seems to be softening just a bit but not horribly. This can hit the Goldilocks spot of just soft enough to over time lead to rate cuts but not soft enough to cause huge disruption or a

1. The biggest story this am is the sinking stock indexes.  The Nasdaq is down nearly 4% pre market and the S&P is down nearly 2.5% pre market. The Wall Street Journal “Stock Market Today: Nvidia Stock Sinks in AI Rout Sparked by China’s DeepSeek. Futures for tech-heavy Nasdaq-100 fall