My Investing Muse

This came after watching a clip by Patrick Bet and Joe Ragan.  From the video, I realized that State Street Corporation, Vanguard and Blackrock own about 20% of the S&P with their shares and their various ETFs. If Blackrock becomes a country, it will be the 3rd biggest in the world after the USA and China with about $10 trillion of assets under management (AUM).  I have listed the charts of BlackRock and State Street stocks below.  For Vanguard, only their ETFs are listed, not the company stock itself. State Street Corporation (STT) Blackrock (BLK) Can these 3 companies exercise some influence over the entire stock market? With their ETFs, we can expect their AUM to continue to grow as more people get into passive investing and buying ETFs using dollar cost averaging (DCA). My investing muse With this, I am wondering if it makes sense to invest directly in BlackRock and State Street.  In terms of commissions, the revenue is certain but the performance of the ETFs...

BYD News updates (19 - 24 Oct 2022) These are compiled from the various articles from CnEVPost . BYD produces over 2 million solar modules in Brazil  In April, BYD opened a new photovoltaic module production line at its Brazil plant, allowing for increased productivity and efficiency. https://cnevpost.com/2022/10/24/byd-produces-over-2-million-solar-modules-in-brazil/ BYD launches Yuan Plus EV in Colombia.  BYD has been selling its new energy passenger vehicles in partnership with local dealers since 2020 and has delivered nearly 3,000 units in the country to date. https://cnevpost.com/2022/10/21/byd-launches-yuan-plus-ev-in-colombia/ BYD-Benz JV Denza sees 1st production unit of D9 MPV roll off line.  Denza management had previously expected 10,000 units of the model to be delivered in December, although the current delivery schedule has been delayed from the previous one. https://cnevpost.com/2022/10/21/denza-1st-production-unit-of-d9-roll-off-line/ Tesla's only challen...

Public Holidays (China, Hong Kong, Singapore and USA) Singapore - public holiday on 11 July 2022 Economic Calendar This week's key economic data will be the Core CPI (Mom) June 2022.  This will reflect the ongoing inflation and with this data, the Fed can decide how they need to adjust their interest rate and asset sales accordingly leading to the next rate hike. The crude oil inventories remain an item of interest as President Biden has committed a portion to be released to the market in an attempt to bring down the surging fuel costs.  This is a good attempt but it may not be sustainable for the longer term.  The crude oil inventories can provide an indication of how the producers view the market demands of coming weeks. PPI is also an good indication on how the inflation has affected manufacturers.  Investing dot come has defined PPI as the following: The producer price index (PPI) measures the average change over time in the prices domestic producers receive for ...

Holidays affecting markets 15 April 2022 is a public holiday for Hong Kong, the US and many other countries as Christians celebrate Good Friday and Easter Sunday.  So, it will be a shorter week for most of us. News and geopolitical outlook Covid cases in the US surge as a warning was given Dr Fauci has warned that the US may see a Covid surge in the coming Fall after 53 members of the US A-List were tested positive after a Washington dinner. The lockdown in Shanghai continues as the cases continue to surge.  The impact will hit the global market in the coming weeks.  Fortunately, this allows the US port congestion of Los Angeles and Long Beach (LALB) to ease, bringing relief to the US supply chain.  War continues as Russian troops focus their efforts on Eastern Ukraine.  More sanctions are expected to be levied on Russia.   Fed has advised a need to be more aggressive, thus spooking the market during the week.  The market is expecting a more aggr...

JP Morgan called China investable as per the 15Mar2022 news article.  Here is an extract from the news article : Chinese tech stock rout deepened, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, on heightened concerns about an industry crackdown, Covid-19 outbreaks, and China's position on the Ukraine conflict. Losses spiralled after JPMorgan Chase downgraded 28 Chinese internet stocks including Alibaba, Tencent Holdings and Meituan to underweight, calling them "uninvestable" over the next six to 12 months due to rising geopolitical and macro risks, Bloomberg reported. $BABA released ownership updates as of 30 Mar 2022.  There seems to be much more institutional buying than selling as per the details below . Activity for 30Mar22 of holders (more than 0.5% change in shares outstanding) Some notable additions in Q1/2022: The Vanguard Group added 28.6M shares, totalling 469.9M shares as of 28Feb22 BlackRock Fund Adviso...