BlackRock’s CIO Unveils the ‘Best Investment Universe Ever’ 🌌💼

Appearing on CNBC, Rieder painted a picture of a market in the throes of extraordinary technical conditions. Trillions of dollars, he noted, are languishing in money market funds, waiting like patient cats for the right moment to pounce. 🐱 Robust corporate buybacks are shrinking the available supply of equities, making those that remain all the more precious. While the tech giants continue to command sky-high valuations, Rieder pointed out that earnings growth outside the Tesla orbit (which, let’s face it, is a category unto itself) justifies these multiples. “MAG-7 year-on-year growth is like 54%,” he marveled, adding that such a pace makes the sector almost irresistible. 🚀📈







