This is the best investment Environment Ever, Says Blackrock’s Cio of Global Fixed Income

Speaking on CNBC, Rieder Described “Extraordinary” Technical Conditions in Equities, With Trillions of Dollars Still Parked In Money Market Funds and Robust Corporate BUYBAPATE BUYBAPATE BUYBAPATE BUYBAPATE While Valuations for the Market’s Largest Technology Names Remain Elegated, He Noted that Earns Growth Outside Tesla Helped Justify the Multips. “Mag-7 Year-on-Year Growth is like 54%,” he said, adding that pace makes the sector figicult to ignore.

On the Bond Side, Rieder Highlightned the Appeal of Income.

Investors Can Still Build Portfolios Yielding Between 6.5% and 7%, A Level He DesCribed As Highly Attractive in a World Where Inflation Has Drifted Below 3% on a Core Basis. He argued that’s the Federal Reserve Has Room to Cut Rates – Potentilly Starting as Soon as September – Current Yields Already Offer Investors Solid Returns.

‘Crazy Low’ volatilityRieder Also Emphasized Today’s Unusual Subdored Volatytility. He Descripted Trading Equity Volatility, or “Vol,” at Levels Near 9.5 to 10, WHICH HE CALLED “Crazy Low.” Low volatility, he Said, makes Hedging against Downside Risk Relatingly Cheap, Giving Investors Whats Whats He Called An “Escape Hatch” if Conditions Sour. “You don’t actuly have to take the Downside Risk,” Rieder Said.

Still, rieder cautiolated that complacenic is his biggest concern. With insurance in markets SO INEXPENSIVE, HE SEES SIGNS INVESTORS MAY BE UNDERESTIMATING RISKS, Particularly in Credit Spreads and Other Corners of Fixed Income.

Fed’s Interest RateOn Monetary Policy, Rieder Argued The Fed’s Rate Hikes Hikes Have Done Little to Suppress Inflation, Given That Large Corporation Rely Less on Borrowing to Finance Investment.

The Real Drag, He Said, Has Been On Housing Activity and Lower-Income Households that Depend More Heavily on Credit. Keeping Rates Too High, He Warned, Risks Imposing Excessive Costs on the Government and Households Without Meaningful Disinflation Gains.

He Believes the Central Bank Could Lower The Funds Rate By As Much As 100 Basis Points Over The Coming Year, A Move He Sees As Unlikely to Rekindle Inflation Given Low Strutural In Data, Hyperscale Computing and Even Space-Related Technologies.

“There’s Something Spectacular HapPening AROUND PRODUCTIVITY,” HE SAID, Calling It Ab-in-in-A-Generation Dynamic.

For Crypto Investors, Rieder’s Comments Reinforce A Broader Narrative: an Environment with Falling Rates, Ample Liquidity, and Low Volatility Couldeoport Renewed Apptite for Risk ASKA If his call Proves Correct, The Same Technical TailWinds Driving Stocks Higher Could Spill Spill Into Digital Assets That Thrive on Excess Cash and Investor Risk-Taking.