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BlackRock’s Rick Rieder sees ‘epic’ cash on sidelines as he takes lead role on new ETF

Por: MarketWatch Business May 24, 2023

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Related: Rieder is the lead portfolio manager of the new BlackRock Flexible Income ETF , the first active ETF managed by Rieder, according to a on Tuesday. Rieder said during the briefing that he sees a “very high probability” that a debt-ceiling deal gets done ahead of a looming deadline for Congress to lift it or leave the U.S. facing the possibility of soon to pay all its bills. Market disruption from the U.S. defaulting on its debt... + full article



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