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0.000354484225451897 0.00119638426090044 0.00093052109181145 0.000797589507266957 -0.00385501595179017 -0.00301311591634175 -0.00708968450903932 -0.0129386742289969
Stock impact report

Oil Surge May Cut 0.5% From US GDP, Driving Shift to Private Credit [Yahoo! Finance]

Blackstone Inc. (BX) 
Last blackstone inc. earnings: 4/23 06:56 am Check Earnings Report
Company Research Source: Yahoo! Finance
Colonial First State is starting to reposition its portfolio as rising energy prices and geopolitical tensions begin to ripple through global markets. Jonathan Armitage, the firm's chief investment officer overseeing A$179 billion ($123 billion), said the surge in oil tied to the Iran conflict may have already shaved about half a percentage point off US GDP in 2026, while also pushing inflation higher. That mix of slower growth and persistent price pressure could keep interest rates elevated for longer, prompting the fund to reassess traditional fixed-income exposure. Warning! GuruFocus has detected 5 Warning Signs with BX. Is BX fairly valued? Test your thesis with our free DCF calculator. In response, Colonial First State is leaning more heavily toward floating-rate debt and inflation-linked bonds, areas that tend to hold up better when borrowing costs rise. Private credit is emerging as a key area of focus, with Armitage indicating it could offer opportunities to deploy more Show less Read more
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