#NasdaqETFUpdate Blackstone Plans $500 Billion Investment in Europe Over Next Decade

AI Summary

According to PANews, Blackstone Group CEO Stephen Schwarzman announced that the company has "ample capital" and intends to invest $500 billion in Europe over the next ten years. Schwarzman anticipates that policy changes will enhance Europe's economic growth rate. Additionally, Blackstone is set to begin investments in the Middle East. Regarding the tariff situation, Schwarzman expressed confidence that it will be resolved within six to nine months, noting that tariffs have minimal impact on inflation and economic growth.