Blackstone President Jon Gray on the economy, Fed's rate path outlook and data centers

Blackstone President and COO Jon Gray joins 'Squawk on the Street' to discuss the state of the economy, the Fed's rate path outlook, M&A outlook, data centers, state of commercial real estate, impact of the 2024 election, and more.

[@marilynchamber-i3t]

This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a TH-cam channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get worried.

[@BrittanyRenfrew]

Amazingly, you were able to save that much during your active years. Not a lot of people can save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital, so you are not left devastated during a market crash or recovery. To simplify the process, you could allocate your resources with the help of a financial advisor.

[@TylerMohn-g9l]

@@BrittanyRenfrew Yeah, I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.

[@marilynchamber-i3t]

@@TylerMohn-g9l Hey, this caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t know how to find one.

[@TylerMohn-g9l]

@@marilynchamber-i3t Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Victoria Carmen Santaella for the last five years or so, and her returns have been pretty amazing.

[@marilynchamber-i3t]

@@TylerMohn-g9l Thank you for this tip. it was easy to find your coach. Did my due diligence on her. She seems very proficient and I'm grateful for your guidance.

[@RickMckee-nq4ni]

Overall, most traders think this year would favor stocks, and other equity-based investments over Treasury yields and other cash-like investments. I’m still looking for opportunities in the market that yields huge profits and hedge against crash or recession.

[@AndrianWiener]

look for stocks that have steadily paid for decades without cutting their dividends even during crisis. imho, speaking to a certified market strategist/advisor can be more helpful than harmful at this point

[@veniceblackwood2931]

The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are the reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since covid-19 outbreak to date.

[@Erinmills98]

Individual stocks can be great but do your research. The US market is different-consider consulting a CFP before jumping in to avoid costly mistakes

[@AstaKristjan]

I agree that I need a CPF but I don't have anyone in mind, can you help?

[@Erinmills98]

Kristin Amy Rose is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment.

[@Alejandracamacho357]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@Robertgriffinne]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

[@Patriciacraig599]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@Christine-ce4xo]

One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?

[@Patriciacraig599]

Julia Hope Marble is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

[@Christine-ce4xo]

I just checked her out and I have sent her an email. I hope she gets back to me soon

[@Adambarking]

I dont even know where the market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .

[@Vivienedouglass]

i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market

[@donovantobs]

Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

[@kurtKking]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@donovantobs]

Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@kurtKking]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@MercyWilliams-k3w]

From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.❤

[@ChristineWatson-l1p]

How please?

[@SarahMaddisson]

Meredith Lindshaw

[@SarahMaddisson]

Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds.But Meredith Lindshaw restored hope, she's a good person.

[@SilverMartins-w2l]

I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@MarcusWilliams-b1r]

Spot-on, I would always rate her signals as one of the best ever used 100% accurate.

[@johnyvik7242]

Blackstone people always coming on...never see any Goldman people- they are too busy working😊

[@duncanglen3452]

Martin O'Neil turned to the darkside 😂

[@lawrencefeldman462]

Bit of slowing. Flat and slowing. Rents coming down. Dump time ! That's what he's talking about.

[@jennykatie123]

Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my portfolio comprising of plummeting stocks that were recommended by certain financial TH-camrs, quite devastating!

[@jamesjordan-i2p]

not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound

[@michealbrown-h3d]

Such uncertainty is the reason I don't base my conviction on rumors or a ''hearsay'' I have my day-to-day investing decisions being guided by an invt-advisor, seeing that their skillset is built around long and short term, both employing profit-oriented strategies and providing hedge against inevitable downtrends, coupled with exclusive analysis, it's near-impossible to not outperform. I've realized over $600k from $235k capital, since late 2019 just before the pandemic to date.

[@simone_maya]

Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain

[@jennykatie123]

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Monica.

[@jamesjordan-i2p]

This is especially worrying for retirees, because in most cases, bonds underpin their entire portfolio. Treasury bonds, municipal bonds, investment-grade corporate bonds and high-yield bonds. They’re all pretty much in the same bag.

[@Mattshank-uo6jl]

Funny the Blackstone guy said rental housing is coming down. Everyone I know who rents has talked about the opposite with rents going higher (in some cases much higher). Glad I'm a homeowner with a 3.75% rate factor. Lots of fairy dust in these readers of the tea leaves IMHO.

[@nathanielpaul1992]

That's because, I guarantee, they only share when things go up, and say nothing when it goes down or flat.

[@ericdelapazlobon1132]

Rental homes are cheaper🎉🎉

[@user-cy3il8vq1b]

Little trying.

[@davidshamiri1448]

Take banks, flippers and regulation out of housing and real estate.

[@user-jd7gc4jb4x]

Always dumping😢😢

[@adt422]

Joke.