Squawk on the street articles
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The rise of the giant fund: How companies like BlackRock and State Street are taking over Wall Street
Assets held by fund manager State Street are higher than the GDP of Germany. BlackRock, Fidelity, State Street and Vanguard control $26 trillion in assets. Asset managers grew after banks were regulated following the financial crisis
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Sunderland Cambria Street fire: Neighbours describe 'frightening' situation as two people taken to hospital and smoke billows into street following house blaze
Neighbours have described seeing smoke billowing through the front door of an adjoining house and fearing for their own safety after an overnight house fire which resulted in two people being taken to hospital. Emergency services were called to a terraced house on Cambria Street in South Hylton, Sunderland, at around 9.35pm last night. Admin worker Kiera Jordan, 26, who lives just two doors from the the fire damaged property, said: “I was in the bath last night at around 9pm when I saw flashing...
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Living On Uneasy Street
Living On Uneasy Street Authored by Charles Hugh Smith via OfTwoMinds blog, It's nice to anticipate sunny weather, but it's a good idea to carry an umbrella just in case the forecasts prove overly optimistic. Yes, the market will rally if World War III didn't start last night. The market will also rally if World War III does start, because the Federal Reserve will surely lower interest rates. We chuckle uneasily at gallows humor here on Uneasy Street because we're still required...