By some measures, the 60-40 portfolio is experiencing one of the worst years in recent memory. As bonds and stocks have sold off in unison, some people have even questioned whether one of the core ten...
Tag: Rieder
Thursday was ‘one of the craziest days of my career’ in markets, says Rick Rieder
Investors have witnessed some “pretty crazy” times in financial markets these past few weeks, with Thursday’s wild fluctuations ranking among the “craziest days of my career,” said Rick Rieder, the ch...
‘I think the Fed is right’: BlackRock’s Rieder
The Federal Reserve voted Wednesday to raise interest rates by 0.75%, or 75 basis points, the most since 1994. In response, stocks rallied on Wednesday before a sharp sell-off Thursday. When the dust ...
BlackRock’s R. Rieder admits Bitcoin is ‘a durable asset’ despite meltdown
Rick Rieder, the Chief Investment Officer of investment management firm BlackRock, has said investors should not focus on the current crypto market meltdown but look at the long-term prospects. Speak...