Most big financial stocks have been decimated this year, but BlackRock, the world's largest asset manager, is thriving. It just might be the new king of Wall Street. BlackRock (BLK) shares are up 1% this year. That may not sound fantastic, but eking out a gain of any kind in this environment is notable. The Financial Select Sector SPDR Fund (XLF), an exchange-traded fund that owns most of the big bank stocks, has plunged nearly 30% so far in 2020. The US Federal Reserve recently tapped BlackRock to run the central bank's plan to invest in so-called junk bond ETFs, a move that has raised eyebrows since BlackRock runs ... (full story)