The central bank’s own data show that slightly more than half of U.S. households own stocks. But that doesn’t come close to telling the whole story.

In the months since CEO Larry Fink’s push to focus the firm’s efforts on ESG, the investing landscape has changed more than anyone could have anticipated.

State Street’s stockpile takes up one corner of a vault in a system that stores bullion on behalf of central banks, sovereign wealth funds and others.

Total assets held by the central bank rose to a record $7.04 trillion in the week through May 20.

Corporate-debt funds have led the intake since the central bank first announced its Secondary Market Corporate Credit Facility in March.

Shares of the bank have touched a 10-year low.

The central bank plans to make both outright purchases of corporate bonds as well as funds potentially invested in sub-investment grade debt.

For better or worse, investors have mostly turned around the fortunes of risky assets entirely on their own.

Crush of inflows to money-market funds has come even as the funds’ own yields approach zero.

Citadel Securities is humming at record pace as the coronavirus upends finance, moving dozens of employees and their families to a work-from-resort bubble.

The central bank said it “will generally not purchase shares of an ETF that are trading at a premium” of 1% above its net asset value.

Funds advised by Katie Koch, whose firm has about $1.8 trillion under supervision, are beating their benchmarks at an 80% rate in 2020.

It’s the latest example of how firms who spent the past decade battling low yields are now raising cash to seize on deep discounts from the coronavirus.

There’s a lot to complain about these days, from the effectiveness of the government’s $3 trillion stimulus package to unlimited quantitative easing.

With few corners of the fixed-income industry safe from harm, investors’ faith in managers appears to be intact — for now.

“These funds got an assist from the Fed when they were told they would backstop the higher end of the high-yield credit industry,” an expert says.

CEO Larry Fink has provided the federal government insight on coping with the fallout from the pandemic.

While the central bank’s support may help keep credit flowing amid the coronavirus, “it doesn’t necessarily improve the outlook for bankruptcies.”

Just days after the Fed lifted Wells Fargo's asset cap so it could make more Paycheck Protection Program loans, it warned customers its queue is long and they may want to go elsewhere before program funds are exhausted.

Flagship funds at Ken Griffin's firm had been down 5.3% through March 20 before things turned around.