Blackstone shares are down 39% year-to-date, as two of its funds , Blackstone Real Estate Income Trust (BREIT) and Blackstone Private Credit Fund (BCRED), enforced redemption limits given challenging macro conditions.
With both BREIT and BCRED redemptions capped, we can only envision investment advisors and portfolio managers have become increasingly concerned about whether they can pull money out of the non-tradeable funds. Increased panic by investors to withdraw could weigh on the performance of both funds and or spark liquidity issues.
“Redemption limits, rising rates and softening performance are likely to give investors and advisors pause going forward,” Barclays told clients […]
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The Biden Regime and Globalists Don’t Want You Owning Precious Metals
Look around. Things aren’t the way they should be. Between Pandemic Panic Theater, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.
Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.
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