For Rick Rieder, the stock market has never looked so good.
The chief investment officer of global fixed income at BlackRock says he thinks the market has emerged into the “best investing environment ever,” thanks to a cluster of factors that are setting up a bullish backdrop for equities.
Rieder’s ultra-bullish view isn’t shared by all. Concerns about the US economy and the impact of tariffs have caused the percentage of investors who said they were bearish on stocks over the next six months to rise to 43% in the last week, according to the latest AAII Investor Sentiment survey.
But for Rieder, who manages $2.4 trillion of client money, the setup right now is ideal.
“It doesn’t mean necessarily that everything’s going up, but there’s a couple of things at play that are pretty extraordinary,” Rieder told CNBC on Wednesday.
Here’s what’s driving his…
