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Showing posts with the label ETF

Who owns S&P500? Should we buy the ETFs or the companies who issue them?

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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...

The triple threat of food, fuel and finance - focus on food crisis

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Global hunger   Source: https://www.actionagainsthunger.org/world-hunger-facts-statistics What could have led to this food crisis that we faced right now?  Let us take first take a look at World bank's Food Security update on 29 July 2022. (Souce:  https://www.worldbank.org/en/topic/agriculture/brief/food-security-update ) July 29, 2022 – Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to erase hard-won gains in development. The war in Ukraine, supply chain disruptions, and the continued economic fallout of the COVID-19 pandemic are reversing years of development gains and pushing food prices to all-time highs. Rising food prices have a greater impact on people in low- and middle-income countries, since they spend a larger share of their income on food than people in high-income countries. This brief looks at rising food insecurity and World Bank response...