If the markets are teetering on the edge of a precipice from ongoing U.S. government debt-ceiling and quantitative-easing (QE) indecision, you wouldn’t know it by looking at BlackRock Inc.’s performance. The world’s largest money manager reported that Q3 profit rose 15 percent year-over-year. Market growth and strong global demand were both cited as engines for profit. The New York-based asset managing giant reported net income of $730 million (for $4.21 per share), up from $642 million (on $3.65 per share) the year before.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: