Watch Market Selloff: BlackRock’s Rieder Says, ‘Holding Our Cash With Both Hands’ - Bloomberg

May 6th, 2022

BlackRock’s Rieder: ‘Holding Our Cash With Both Hands’

Rick Rieder, global fixed income CIO at BlackRock, sees the U.S. transitioning “to a slightly less robust labor market” as he examines the April jobs report and explains why his firm is holding cash in the current environment. He speaks with Jonathan Ferro on "Bloomberg The Open."

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