BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked (opens original article in a new tab)
BlackRock's Rick Rieder says the US equity surge is due to investors moving money from money market funds, calling the rally 'explosive' after Trump's Iran peace deal.
- BlackRock's Rick Rieder attributes the US equity surge to investors redeploying $8 trillion to $9 trillion from money market funds.
- Rieder describes the rally as 'explosive' following Trump's Iran peace deal announcement.
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