You can’t make this stuff up. Barron’s speculates that with First Republic coming out of the S&P 500 a candidate to be added is Blackstone (BX). The rules have been “conveniently” modified for them to qualify so this dead man walking collection of under water(or soon to be) real estate can be forced into all kinds of index funds and portfolios who match the S&P 500. SHEESH!                https://www.marketwatch.com/articles/first-republic-blackstone-sp-500-index-16e2a116?siteid=bigcharts&dist=bigcharts