By Staff Reporters
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Be alert and ready for the S&P 500 to crash by 50%, house prices to slide, and a recession to strike, Jeremy Grantham says.
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It has been a difficult couple of years for BlackRock, the world’s biggest money manager. The firm is still enormously profitable, though it has recently taken some big hits because of its promotion of ESG investments.
BlackRock ESG: https://www.blackrock.com/us/financial-professionals/investment-strategies/sustainable
More: https://medicalexecutivepost.com/2023/07/18/esg-investing-reversal-of-fortune/
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Under a new proposal from the Post Office, the cost of a First Class stamp would rise to $.68 from $.66. The price was increased from $.63 to $.66 in July. Last January, the price rose from $.60 to $.63. If the new plan is accepted, First Class mail prices will rise 13% over the period.
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Filed under: "Ask-an-Advisor", Alerts Sign-Up, iMBA, Inc., Investing, Taxation | Tagged: BlackRock, CBOE, Columbus Day, DJIA, DOW, ESG, Grantham, Indiginous People's Day, inflation, Jeremy Grantham, NSDAQ, Russell 2000, S&P 500, stamp, stamp prices, US stamp prices, USPS, VIX | Leave a comment »