Oct 8th, 2021

Why BlackRock's Rieder Is Still Bullish on Stocks

Rick Rieder, BlackRock Inc. global fixed income CIO, says his firm remains bullish on U.S. equities despite the threat of labor and material shortages to corporate earnings. "I still think equities makes some sense," Rieder says on Bloomberg Television. "I think you've got to bring down your expectations." (Source: Bloomberg)